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Auction Property Details

146 Moscow Drive, Liverpool, L13 7DL

Lot 7 - 31.10.2017

Guide Price £130,000 - £150,000**

For Sale by Auction 31st October 2017

WHY BUY?
9 Bedrooms
Ideal HMO rental
One en-suite
High yield investment

DESCRIPTION
This is a very large 9 bedroom house recently refurbished in May 2017 however still requires a small scheme of updating and decoration following the termination of the latest tenancy agreement and prior to letting. The property is HMO Licensed and would make an ideal investment achieving in excess of £35,000 per annum if each room was rented at £75pppw. The property benefits from large open kitchen/dining/living room, 2 x bathrooms and 1 x en-suite bedroom. If purchased at £150,000 and fully let at £35,000 this property would offer a gross high yield return of 23%. 

LOCATION
Accessed directly from Queens Drive West Derby. There are numerous shops and bars within a few minutes walking including the new Aldi and Marks & Spencer food hall. Liverpool City Centre is only 4 miles away while West Derby Village is only 1 mile away.

ACCOMMODATION
Ground floor: Entrance hall, En-suite bedroom, Kitchen/living/dining room, bathroom
First floor: 4 x double bedrooms, bathroom
Second floor:  4 x double bedrooms

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Next
Auction

31st October 2017 1.00pm

Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW

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