North West’s Largest Independent Estate Agent

Lot 8 - Tuesday 27th March 2018157 Molyneux Road, Kensington, Liverpool, Merseyside, L6 6AL

SOLD AT £85,000

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For Sale by Auction 27th March 2018




WHY BUY?



Ground floor retail unit

Self-contained flat

Potential to reconfigure

Popular student rental area



DESCRIPTION

This is a large corner property that is currently configured to provide a ground floor retail unit and a two bedroom first floor self-contained flat with private side entrance. The flat is currently let by way of a periodic AST at £350pcm/£4,200pa. There is potential to reconfigure the entire building to fully residential and would be ideal as a student HMO rental with 5-6 letting rooms. If rented at £90pppw based on 6 letting rooms the potential gross income would be £28,080pa.



LOCATION

On the corner of Molyneux and Gilroy Road close to Kensington High Street. The property is only 1 mile away from The Royal Liverpool University Hospital and 2 miles away from Liverpool City Centre.





ACCOMMODATION



Retail unit: Shop floor, counter area, kitchenette, wc

First floor flat: 2 x bedrooms, bathroom, kitchen, living room

Outside: Yard to rear, on-street parking to front



NB – Venmores have not carried out an internal inspection on the flat

Stamp Duty Calculator

You will pay
£1,950
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

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