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

SOLD LATER

Legal Pack


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
£6,000
• 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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