For Sale by Online Auction 17th February 2021
Fully Licensed 5-Bed HMO
5 Double Bedrooms
Recent Income £21,000pa
Ready for Immediate Let
A five-bedroom fully licenced HMO in popular rental postcode of L7, sold with vacant possession but ready for immediate Let. Recently achieving £1,735pcm with potential to increase to circa £22,000pa. Accommodation is across three floors and comprises, 5 double bedrooms, two modern bathrooms and large communal kitchen/living area. Located at the top of Smithdown Road, just off Upper Parliament St, it is perfectly located for access to the City Centre, Universities and Football Stadia. The property benefits from double glazing throughout and gas central heating. Please note – there is Japanese knotweed in the rear yard that is being professionally treated with works under guarantee. Please refer to report within Legal Pack.
Earle Road is just off the top of Smithdown Road (A562), leading from Upper Parliament Street. Major supermarkets, bars, restaurants/takeaways and other local infrastructure are all within walking distance. The City Centre is just over 2 miles away.
Ground Floor: Entrance hall, double bedroom, kitchen/living area.
First Floor: Two double bedrooms, bathroom.
Second Floor: Two double bedrooms, bathroom.
Outside: Enclosed yard to rear.
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1250 + 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.