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Lot 16 - Wednesday 7th April 202199 Rocky Lane, Anfield, Liverpool, Merseyside, L6 4BB

SOLD LATER

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For Sale by Online Auction 7th April 2021





WHY BUY?



8 Bed Fully Licensed HMO

Fully Furnished

High Yield Opportunity

Popular Rental Area



DESCRIPTION

This is an eight double-bedroom HMO property, located on Rocky Lane, Liverpool 6. The property was completely refurbished in 2018 and previously received £2,609pcm when fully let. At present there are 3 of the 8 bedrooms let on rolling AST’s bringing an immediate rental income £11,076pa. Accommodation is across 3 floors and comprises communal hallway, 8 double bedrooms, 3 bathrooms, 2 kitchens and a large communal lounge.  The property benefits from full UPVC double glazing, a new boiler and central heating system, plus full re-wire and hard-wired burglar and smoke alarm system in 2018. The current license is granted for 10 persons and there is scope to reconfigure back to its original 9-bedroom format, providing potential for further rental income.

 

LOCATION

Rocky Lane is a popular area for investment within close proximity to Liverpool City Centre and Liverpool John Moore's University.  It runs straight off West Derby Road, the main A5049 into Liverpool City Centre and is positioned within a bustling commercial and residential area with shops, take-aways, bars and restaurants.  There are frequent bus services almost on the doorstep and the closest railway station is Wavertree Technology Park, within one and a half miles.





ACCOMMODATION



Across 3 Floors: Hallway, 8 double bedrooms, 3 bathrooms, 2 kitchens, large lounge 



TENURE

Freehold

 

NB - Venmores have not carried out an internal inspection



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
£5,250
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

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