This property has been taken off the market.

8 Bed Semi-Detached House For Sale Rutland Avenue, Liverpool, L17

£400,000- Semi-detached

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 24th April 2024

Description

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.

Situated
Off 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 Floor
Main Entrance Hallway, 1 Letting Room, Communal Lounge, Breakfast Kitchen, 2 vacant Rooms, Shower/W.C

First Floor
4 Letting Rooms, Bathroom/W.C

Second Floor
3 Letting Rooms

Outside
Gardens to the front and Rear

EPC Rating
E

Council Tax Band
D

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GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The 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.
Agent Details
Sutton Kersh Auction
Cotton Street, Liverpool, L3 7DY
Show Contact Number
0151 207 6315

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested