Terraced house for sale in Liverpool L6, 6 Bedroom

Guide Price = £170,000 - £185,000

Property for auction on 13th December at 11:00 Property Description:
A prime student investment comprising of a three storey, mid-terraced house of brick construction, surmounted by a tile clad roof, extended to the rear and providing well laid out and deceptive accommodation which includes communal living areas, six double bedrooms and two shower rooms.
The property has been extensively and fully refurbished with a back to brick strip out prior to replacement of all joists, re-plastering, rear extension, internal modifications to form the existing accommodation, provision of quality fitted kitchen units with a range of integrated appliances, new shower and cloakroom fitments, double glazed windows, gas fired central heating, full re-wiring with alarm system, hard wired internet and Wifi to all rooms, hard wired fire alarm system and finished to a high standard with new floor coverings, contemporary decoration, new furniture throughout, which includes flat screen televisions to the living area and all bedrooms.
The property provides a turn key investment solution producing an attractive rental income in the Kensington District of Liverpool, containing a large proportion of the City's student population, attending the three University's and Institute for Performing Arts, located in Liverpool City Centre.

Rental Income:
The property contains six lettable rooms which are group let on an Assured Shorthold Tenancy Agreement with full parental guarantors in place for each student and all tenants are joint and severely liable for the payment of the rental. The property is fully managed by a local Letting Agent whose core business is Student Lets.
The current rent for each room £87.50 per week, totalling £24,881 p.A. For year ending 30 June 2019.

The landlord advises that the student market rent for this property would be £92 per week per student for the year commencing 1st July 2019 to the 30th June 2020 and it would therefore be expected that the rent could increase to £26,311 per annum.
A copy of the Tenancy Agreement and all associated documentation is available from the Auctioneers and within the Legal Pack.

Accommodation
Ground Floor
Reception Hall, Bedroom One (Double), Lounge with store cupboard, Cloakroom with wc and wash basin, Dining Room opening to Kitchen with range of modern units including American fridge freezer, two washing machines, tumble dryer, dishwasher, two integrated microwaves, double oven and gas hob.

First Floor
Stairs and Landing, Bedroom Two (Double), Bedroom Three (Double), Bedroom Four (Double), Shower Room with glazed shower enclosure, vanity wash basin and wc.

Second Floor
Bedroom Five (Double, Bedroom Six (Double), Shower Room with glazed shower enclosure, wash basin and wc.

Outside:
Rear: Yard with pedestrian access.

Legal Documents:
Available at

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