About this property

The property comprises an end of terrace building arranged over lower ground, ground and two upper floors beneath a pitched roof. The property is internally arranged to provide ten bedsitting rooms with communal lounge, dining room, kitchen and washing facilities. The property has a current HMO Licence for not more than ten people.

The property has been fully refurbished and benefits from double glazing, central heating and new kitchens and bathrooms. The property is currently let to 10 working tenants, all over 25 years to produce an annual rental income of £38,480 per annum.

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 located on the north side of Kensington (A57) at its junction with Denman Street, just to the east of Liverpool city centre and its waterfront. Liverpool One Shopping Centre, Royal Liverpool Hospital and Liverpool's Universities are all situated within reach. There are Rail and Bus stations in the city centre and the A57, A5047 and M62 Motorway are all accessible.

Basement

Living Room, Dining room and Kitchen

Ground Floor

Hall, 3 letting rooms, communal shower room/W.C.

First Floor

4 letting rooms, communal shower room/W.C.

Second Floor

3 letting rooms.

Outside

Yard to the rear

Photos
Map

175 Kensington, Liverpool

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Viewings

We are following Government Guidelines to allow viewings to take place on vacant lots. Where possible, we will upload 360° tours or video tours and internal pictures of lots on our website and we advise that you view these before booking a viewing. We would respectfully remind all parties that strict social distancing will be applied to viewings and facemasks must be worn. You will be allocated a strict 10-minute slot, must attend alone, and wear a facemask. We do ask for your patience, it may not always be possible to accommodate everyone, but we assure you our team is working hard to keep the property market open.

* 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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