FOR SALE BY ONLINE AUCTION 15TH MAY 2024:

A great investment opportunity with these two self-contained flats, located in the popular rental area of Smithdown Road. Both properties benefit from Upvc double glazing, gas central heating, fitted kitchens with integrated appliances, and laminate flooring throughout. Flat 80B is a 1 bedroom, first floor flat, and 80C is a 2 bedroom, second floor flat, accessed via Whittier Street. Both are currently tenanted on AST’s at £450pcm/£10,800 per annum. Following a rent review, these could be increased to the market rate of £575 - £650pcm, providing a an even stronger yield. We have been informed the properties are Leasehold with a term of 125 years from 6th August 2007. NB - Venmores have not carried out an internal inspection and all photos supplied were taken prior to the current tenants moving in.


ACCOMMODATION
Flat 80B: Entrance Hall, Open Plan Living/Kitchen, Bedroom, Shower Room
Flat 80C (accessed via Whittier St): Entrance Hall, Open Plan Living/Kitchen, 2 Bedrooms, Shower Room
Outside: On-Street Parking on Whittier Street.

LOCATION
Situated on Smithdown Road approximately 2 miles south of Liverpool city centre in a popular residential location close to the local amenities, bars, restaurants and shops on Lodge Lane.

TENURE: Leasehold

COUNCIL TAX: A

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 £1800 + 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.