Auction Property Details

For sale by auction 13th December 2017

WHY BUY?
Potential high yield investment
Popular student location
Scope to increase size
Double glazing

DESCRIPTION
This is a large 2 bedroom mid terrace house that is currently vacant and in need of a scheme of updating & refurbishment. Due to the popularity for students in the area this could be the ideal time to extend to the rear and possibly go into the loft to increase the number of letting rooms, subject to gaining all the necessary planning consents. If the property was turned into a 5 bedroom HMO and each room rented at £90pppw there is potential annual income in excess of £23,400pa. The property benefits from double glazing & central heating.

LOCATION
On Molyneux Road close to Kensington high street. There are numerous shops, bars and amenities within a few minutes walk and only 1 mile away from Royal Liverpool Hospital and under 2 miles away from Liverpool City Centre, Lime street station and all universities.

ACCOMMODATION
Ground floor: Entrance hall, living/dining room, kitchen
First floor: 2 x bedrooms, bathroom
Outside: Yard to rear, on-street parking to front

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.