About this property

Addendum To Printed Catalogue

Please note the rental income is approximately £26,000 per annum

The guide price has been reduced to £130,000 plus


A 6 bedroomed HMO investment opportunity fully let producing a rental income of £26,472 per annum.

The property comprises a three storey semi-detached providing 6 letting rooms, 2 bathrooms/shower rooms, communal lounge and kitchen and benefits from double glazing and central heating.

There is also the potential to utilise the space on the second floor to provide further letting rooms by adding additional kitchen facilities or alternatively a self-contained flat, subject to obtaining the necessary planning consents.

The property underwent major upgrades to the electrical and fire systems in 2023 to bring it up to date with current compliance requirements.

We are advised there is a valid HMO Licence until February 2025

Listed By

Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY

t. 0151 207 6315
f. 0151 207 6316
auctions@suttonkersh.co.uk

Full Description

Tenure - Freehold


Situated

The property is prominently located fronting Queens Drive in Walton (A5058) in a predominantly residential location with a high density of terraced housing. The property benefits from excellent transport links to provide easy access to Liverpool Football Club and Liverpool city centre which is approximately 4 Miles away and its suburban district centres and the regional motorway networks (M57 & M62)

Ground Floor

Vestibule, Main Entrance Hallway, 2 Letting Rooms, Communal Lounge and Kitchen, Shower room/WC.

First Floor

4 Letting Rooms, Bathroom/WC.

Second Floor

2 Further rooms.

Outside

Garden to the Rear

EPC Rating

C

Council Tax Band

C

Photos
Map

100 Queens Drive, Walton, Liverpool

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Viewings

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* 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.

Buyer's Fee

You will also pay a Buyers Administration Charge, to the auctioneers of 1.35%+VAT of the purchase price subject to a minimum fee of £1,800 + VAT (unless otherwise stated in the property description in the catalogue or addendum).

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees)

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