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£70,000 guide price

4 bedroom terraced house for sale

126 Picton Road, Liverpool

£70,000 guide price

4 bedroom terraced house for sale

126 Picton Road, Liverpool

Description

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Property description

For Sale by Auction 13th December 2017

WHY BUY?
Partially refurbished
Possible 7/8 bed HMO
Student rental area
Potential income excess of £35,000pa

DESCRIPTION
This is a 3 storey mid terrace property that was formerly retail with upper floor accommodation. The property has undergone partial refurbishment to convert into a 7/8 bedroom, 2 bathroom, HMO property aimed at the student market, but does still require a good level of finishing work prior to letting. Services were not checked by Venmores but it appears that a full rewire has been carried out including a hard wired fire alarm system. The property benefits from a basement, central heating, mostly double glazed, good sized bedrooms and 2 new shower rooms. Once finished the property would have the potential, subject to obtaining all the relevant consents, to be rented as 8 separate student letting rooms. If each room was charged at a weekly rate of £90.00 inclusive of bills then the overall gross income per annum would be £37,440pa.  

LOCATION
The property is on Picton Road in a mainly residential location. The area is popular amongst students who have a direct bus to Liverpool City Centre and all universities within a minutes walk. There are numerous shops, bars and restaurants within walking distance.  

ACCOMMODATION
Ground floor: Front room (possible communal living room), back room (possible kitchen), 2 x shower rooms
First floor: 4 x rooms
Second floor: 3 x rooms
Outside: Yard to rear

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Map

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Nearby services within a 3 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Call 0151 382 7869

DISCLAIMER

Property reference 8334784. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Venmore - Auctions. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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