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For Sale by Auction 18th July 2019
8 x Self-contained flats
Potential income circa £50,000pa
All central heated & double glazed
Modern tiled Kitchens & Bathrooms
This is a large property containing 8 x self-contained flats spread over 2 x three storey terrace buildings and rear extensions. There are 5 x one bedroom units, 2 x two bedroom units and 1 x three bedroom unit. Each flat is fully self-contained and benefits from separate utilities, individual boilers and are all fully double glazed. One of the flats is part refurbished and requires the kitchen, bathroom and flooring finished off before it is ready for occupation; two of the flats are currently let by way of AST agreements; and the other 5 flats are ready for immediate occupation. All flats have modern fitted and tiled kitchens & bathrooms and are tastefully decorated. Should the one bedroom units be let at £450pcm, the two bedroom units at £550pcm and the three bedroom unit at £600pcm, then the total income when fully let would be £3,950pcm/£47,400pa. The property also benefits from a large driveway to the front which can accommodate 6-8 cars as well as adequate bin storage.
In the heart of Fairfield/Kensington and surrounded by an abundance of amenities and shops. The property benefits from having a number of regular public transport links within a few minutes walking distance and all leading to Liverpool City Centre, The Royal Liverpool Hospital and universities.
Flat 1 - Ground floor: Kitchen, bedroom, living room, bathroom
Flat 2 - Ground floor: Kitchen, bedroom, living room, bathroom
Flat 3 - Ground floor: Kitchen, bedroom x 2, living room, bathroom
Flat 4 - First floor: Kitchen, bedroom x 3, living room, bathroom
Flat 5 - First floor: Kitchen, bedroom, living room, bathroom
Flat 6 - First floor: Kitchen, bedroom, living room, bathroom
Flat 7 - Second floor: Kitchen, bedroom, living room, bathroom
Flat 8 - Second floor: Kitchen, bedroom x 2, living room, bathroom
Outside: Yard & gardens to rear, Off-street parking for 6-8 cars
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1000 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.
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