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Potential Investment/Development Opportunity
Double fronted, two-storey mid terrace property which is part way through a refurbishment program to provide 8 studio flats over ground and first floor. The property is accessed via new upvc doors on the ground floor leading to two units, which are currently under-renovation and could provide residential or commercial accommodation. The first floor provides 4 studio apartments, providing open plan lounge/ kitchen/bedroom and en-suite shower/w.c, recently refurbished to include new carperting, electrics, new upvc double glazing, electric heating, sinks and acoustic treatment. The potential rental value when when completed the first floor would be in the region of £350 pcm per room. Approx £16,800 per annum plus ground floor. The property is situated fronting City Road a popular and well established location within close proximity to local amenities, Everton Football Club and Liverpool Football Club and approximately 3 miles from Liverpool City Centre.
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating TBC
Local Authority
Liverpool City Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £1080 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.