North West’s Largest Independent Estate Agent

Lot 16 - Wednesday 17th February 202112 Earle Road, Liverpool, Merseyside, L7 6HF

SOLD £166,000

Legal Pack


For Sale by Online Auction 17th February 2021

WHY BUY?
Fully Licensed 5-Bed HMO
5 Double Bedrooms
Recent Income £21,000pa
Ready for Immediate Let

DESCRIPTION
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.

LOCATION
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.

ACCOMMODATION
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. 

TENURE
Freehold

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 £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.

Stamp Duty Calculator

You will pay
£4,500
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

• if you complete before 31 March 2021, you may be exempt from paying Stamp Duty on the first £500,000 of your property value

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