Seven Bed Licensed HMO (House in Multiple Occupation) – Potential To Produce £36,400 pa

Substantial two/three storey period terraced house, now a licensed seven bed HMO, providing accommodation over three floors. The property is currently vacant. The house has recently been refurbished and benefits from gas central heating, upvc double glazing and hard wired fire alarm system. Accommodation: Briefly comprises; Ground Floor ENTRANCE HALL BEDROOM ONE 15' 1" x 13' 1" (4.6m x 4m) BEDROOM TWO 12' 1" x 9' 10" (3.7m x 3m) OPEN PLAN KITCHEN/DINER/LOUNGE 24' 11" x 10' 9" (7.6m x 3.3m) First Floor BEDROOM THREE 13' 1" x 9' 10" (4m x 3m) SHOWER ROOM WITH WC & WHB BEDROOM FOUR 11' 1" x 11' 1" (3.4m x 3.4m) SHOWER ROOM 2 - WITH WC & WHB BEDROOM FIVE 16' 8" x 8' 10" (5.1m x 2.7m) Second Floor / Loft BEDROOM SIX 12' 9" x 11' 5" (3.9m x 3.5m) BEDROOM SEVEN 13' 5" x 12' 1" (4.1m x 3.7m) External – small front forecourt garden and rear yard/passage. Tenancies: The house is currently vacant but has the potential to produce £100 per week per room. When fully let the house has the potential to produce a gross income of £36,400 pa Location: Situated on the west side of Shiel Road which branches southward from Rocky Lane / West Derby Road A5049 in the Fairfield/Kensington area close to Newsham Park and 2 miles east of Liverpool City Centre. Tenure: freehold Title number: LA310588 Council Tax Band : B Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

Freehold

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Liverpool City Council

Solicitors

Knights LLP, Ref: Knights LLP, Tel: 01932 590500

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.