House For Sale £375,000
Balmoral Road, Fairfield, Liverpool, Merseyside, L6

FOR SALE BY ONLINE AUCTION 6TH SEPTEMBER 2023:

This is a large pair of semi-detached houses that has been configured to provide a fully licensed seven-bed HMO and a fully licenced nine bed HMO. Located in the popular L6 Postcode, the properties are fully let producing a current rental income of in excess of £70,000 per annum with an 18.7% rental yield based on guide price. Each of the rooms are large doubles and benefit from their own kitchen facilities while there are communal bath/shower rooms on each floor. There is potential to add an en-suite to each room. The property benefits from double glazing and central heating. The properties would be ideal student lets or would suit young professional lets. All Universities, Royal Liverpool Hospital and Liverpool City Centre are within walking distance. NB: There will be no internal access on these properties for viewings.

ACCOMMODATION - 30 BALMORAL ROAD, LIVERPOOL, L6 8NF
Ground floor: Entrance hallway, 3 x letting rooms with kitchenettes.
First floor: 2 x letting rooms with kitchenettes, shower room/wc, bathroom/wc, laundry room.
Second floor: 2 x letting rooms with kitchenette, bathroom/wc, store room.
Outside: Yard to rear, on-street parking to front.

ACCOMMODATION - 32 BALMORAL ROAD, LIVERPOOL, L6 8NF
Ground floor: Entrance hallway, 3 x letting rooms with kitchenettes, bathroom, laundry room.
First floor: 3 x letting rooms with kitchenettes, shower room/wc,
Second floor: 3 x letting rooms with kitchenettes, shower room/wc.
Outside: Yard to rear, on-street parking to front.

LOCATION
Midway on Balmoral Road and accessed directly from Prescot Road and leading onto Newsham Park. Plenty of shops, bars and amenities within walking distance. Liverpool City Centre, Royal Liverpool Hospital and all universities are within 2 miles.

COUNCIL TAX BAND: C

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 £1500 + 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.