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Lot 46 - Tuesday 31st October 201766 Mere Lane, Liverpool, Liverpool, Merseyside, L5 0QW

Guide Price £45,000 Plus*

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For Sale by Auction 31st October 2017WHY BUY?Vacant retail unit3 bed flat Good rental locationPotential income excess £10,000DESCRIPTIONThis is a good size corner property configured to provide a ground floor retail unit and 3 bedroom flat to the ground and upper floors. The property is currently vacant and does require some updating. Once a small scheme of work has been carried out the property would be ideal as a long term investment for a SIPP fund. If the retail unit was rented at £100pw and the flat at £450pcm then the total potential annual income would be £10,600pa. LOCATIONOn the corner of Monk Street and Mere Lane, just off St Domingo Road and Breckfield Road North. Close to plenty of amenities and shops as well as only being just over 1.5 miles away from the Royal hospital, Liverpool City Centre and Universities. ACCOMMODATIONRetail unit: Shop front and storeGround floor: Kitchen, living room, bathroomFirst floor: 3 x bedroomsOutside: Yard to rear, on-street parking to the front

For Sale by Auction 31st October 2017WHY BUY?Vacant retail unit3 bed flat Good rental locationPotential income excess £10,000DESCRIPTIONThis is a good size corner property configured to provide a ground floor retail unit and 3 bedroom flat to the ground and upper floors. The property is currently vacant and does require some updating. Once a small scheme of work has been carried out the property would be ideal as a long term investment for a SIPP fund. If the retail unit was rented at £100pw and the flat at £450pcm then the total potential annual income would be £10,600pa. LOCATIONOn the corner of Monk Street and Mere Lane, just off St Domingo Road and Breckfield Road North. Close to plenty of amenities and shops as well as only being just over 1.5 miles away from the Royal hospital, Liverpool City Centre and Universities. ACCOMMODATIONRetail unit: Shop front and storeGround floor: Kitchen, living room, bathroomFirst floor: 3 x bedroomsOutside: Yard to rear, on-street parking to the front

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