This property is no longer on the market
6 bedroom terraced house
Key information
Property description & features
For Sale by Online Auction 17th February 2021
WHY BUY?
6 x Bedroom HMO
Current income £9,600pa
Scope to add capital/rental value
Potential income £31,200pa.
DESCRIPTION
This is a large end terrace house that has been configured to provide a 6 bedroom HMO rental. The property is currently let on an AST at £800pcm/£9,600pa, which has recently expired and now on a periodic tenancy. The property benefits from double glazing and central heating. There is potential after the current leaves to rent the property on a room by room basis. If each room was let at £100 per week, bills included, then the total potential gross income would be £31,200pa.
LOCATION
Accessed directly from Rocky Lane and only a few minutes walk to numerous shops on West Derby Road. Liverpool Royal University Hospital is just over 1 mile away and the area is popular with medical professionals. There are regular buses going from Rocky Lane past the Hospital and onto Liverpool City Centre, which is only 2 miles away and walkable in 30 minutes.
NB - Venmores have not carried out an internal inspection
AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1250 + 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.
Places of interest
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area
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