A three storey, semi-detached, Victorian property converted to provide an 8 bedroomed HMO investment opportunity.
There is also the potential of 2 additional vacant rooms to the ground floor for use as letting rooms subject to obtaining approval as a 10 bed HMO. A certificate of lawfulness has been granted by planning. This could increase potential income to approx £50,000 pa. The property is currently fully let until June 30th 2024 by way of AST agreements producing a rental income of £ 36,400 for 10 months and £43,680 over a 12 month period.
The property benefits from double glazing, central heating and 2 bathrooms, all bedrooms are doubles. There is also the potential to be used as a large, family residence with a garden to the rear.
SituatedOff Ullet Road in a very popular and well-established residential area within close proximity to local amenities, schooling and excellent transport links and is within walking distance to Sefton Park. The property is approximately 3 miles from Liverpool City Centre and 1 mile to Allerton Road shopping, bars and restaurants.
Ground FloorMain Entrance Hallway, 1 Letting Room, Communal Lounge, Breakfast Kitchen, 2 vacant Rooms, Shower/W.C
First Floor4 Letting Rooms, Bathroom/W.C
Second Floor3 Letting Rooms
OutsideGardens to the front and Rear
EPC RatingE
Council Tax BandD
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Reserve PriceThe seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.