A 9 bedroomed fully licensed HMO investment property in an article 4 area currently let to 8 tenants producing £47,000 per annum
The property comprises of a substantial 5 storey mid terraced property with full planning permission providing 9 letting rooms each with their own ensuite shower/wc and is fully HMO compliant. The property benefits from double glazing, central heating and will be sold fully furnished to include all white goods and furniture.
The property is currently let to 8 working professionals producing £47,000 per annum. There is also potential to let the vacant room to increase the rental income to circa £51,000 per annum and is within a area that is highly desirable to both students and professionals.
SituatedOff Edge Lane and Wavertree Road in a popular and well established residential location within walking distance to Edge lane amenities with excellent transport links and approximately 2.5 miles from Liverpool City Centre.
Lower Ground Floor2 Letting rooms (one with ensuite shower room/W.C.), 2 Kitchenettes, Shower room/W.C.
Ground FloorMain entrance Hallway, Utility room, 2 Letting rooms (With ensuite shower rooms/W.C.)
First Floor2 letting Rooms (One with ensuite Bathroom/W.C.), Open plan Communal Lounge/Kitchen, Shower room/W.C.
Second Floor 2 Letting rooms (With ensuite shower rooms/W.C.), Office room (with the potential to be a further letting room)
Top Floor (Loft conversion)1 Letting room with kitchen area and Shower room/W.C.
OutsideRear Yard.
Council Tax Band A
EPC Rating D
GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITEGUIDE PRICES & RESERVE PRICESGuide PriceAn 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 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.