Auction House London

Lot 82

Semi-Detached - Houses 

53 Kremlin Drive

Liverpool, Merseyside, L13 7BX

Sold for £240,000

A 10 Bedroom HMO Investment. Part Let Producing £24,962 per annum with Four Vacant Rooms. Potential Fully Let ERV of £40,800 per annum.

Description

The property comprises a semi-detached 10 bedroom HMO arranged over ground and two upper floors.

Tenure

Freehold

Location

The property is situated on a residential road in Liverpool close to local shops and amenities. The open spaces of Bellefield Recreation Ground are also within close proximity. Transport links are provided by Broad Green rail station.

Accommodation

Ground Floor
Two Letting Rooms
Communal Kitchen/Diner
Separate WC & wash basin

First Floor
Four Letting Rooms
Communal Shower Room
Separate WC & wash basin

Second Floor
Four Letting Rooms

Exterior

The property benefits from both front and rear gardens with off street parking.

Tenancy

Six of the Rooms are subject to assured shorthold tenancy Agreements at a combined rent of £2,080.17 per calendar month. Further details of the tenancies will be included within the legal pack.

Current Rent Reserved

Current Rent Reserved £24,962 per annum

Addendum

The current rent reserved is £24,962 per annum and not as stated in the catalogue.

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 53 Kremlin Drive, Liverpool, Merseyside, L13 7BX

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