For sale by auction 13th December 2017
WHY BUY?
Potential high yield investment
Popular student location
Scope to increase size
Double glazing
DESCRIPTION
A good size 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 and recent kitchen units/counter.
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, front reception, dining room, kitchen
First floor: 2 x bedrooms, bathroom
Outside: Yard to rear, on-street parking to front