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Auction Property Details

Wellington Vaults 376 Mill Street, Liverpool, L8 4RF

This property is listed in the following auctions

Lot 35 - 13.12.2017

SOLD AT £175,000

For sale by auction 13th December 2017

WHY BUY?
3 x self contained flats
In need of refurbishment
Popular student rental area
Universities within walking distance

DESCRIPTION
This is a large corner former public bar that has been converted to provide 3 x self contained flats. The property is fully vacant and is in need of a scheme of refurbishment but is currently configured to 2 x five bed flats & 1 x four bed flat. Once a scheme of works have been completed the property would be ideal as student rental HMO's, subject to obtaining the necessary consents, and if let at approximately £90 per room per week would have the potential to achieve an annual income in excess of £65,000.  

LOCATION
In a prominent position on the corner of Shelmore Drive and Mill Street. There are plenty of shops, amenities and a large Tesco on close by Park Road while Liverpool City Centre and all universities are all under 2 miles away.  

NB - Venmores have not carried out an internal inspection

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

27th March 2018 1.00pm

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

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