About this property

A substantial four storey double fronted semi-detached property which is currently let until June 2012 to 11 students producing an annual rental income of £35,000 to include bills. There are currently 12 letting rooms. With full occupancy the potential total annual income is just over £38,000 (assuming current weekly rental rates). The property benefits from central heating, intercom system and generous off road parking. All letting rooms benefit from a W.C and wash hand basin. Three of the four floors have communal showers (5 in total).Potential to increase rental income through subdividing some large letting rooms and/or using one or more of the communal lounges for letting rooms (subject to all the necessary consents). Property also has the potential to be converted to apartments (subject to all necessary consents)

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

Situated

Situated – The property is located on Croxteth Road in a popular and well established residential location. The city orbital bus route stops directly in front of the house. It is also within easy walking distance to Sefton Park and approximately 3 miles from Liverpool City Centre.

Basement

Kitchen/Diner, Utility Room, Comunal Lounge/Storage, W.C.

Ground Floor

Vestibule, Hallway, 3 Communal Lounges, Separate W.C, 2 Letting Rooms (with ensuite W.C’s and hand basins), Shower Room.

First Floor

- 5 Letting Rooms (all with ensuite W.C’s and hand basins), 2 Communal Shower Rooms.

Second Floor

5 Letting Rooms (all with ensuite W.C’s and hand basins), 2 Communal Shower Rooms, Small Kitchette.

Outside

Parking to the front (approx. 6 cars), Patio to side and rear including secure BBQ area. Full height steel construction Fire Escape.

Photos
Map

60 Croxteth Road, Liverpool

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* Guide Price

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* Reserve Price

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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

A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

Legal Packs

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