House For Sale £300,000
Balmoral Road, Fairfield, Liverpool, Merseyside, L6

FOR SALE BY ONLINE AUCTION 25TH OCTOBER 2023:

A large double-fronted investment property on the popular Balmoral Road in Fairfield, just a short walk from Newsham Park. The property has been converted into five one-bedroom apartments and is currently producing a gross rental income of £21,600 per annum. Outside, the property benefits from wrap around communal gardens, off road parking and solar heating. Other similar properties on the road have used this space to extend to produce 2 bedroomed flats. There are currently 4 flats tenanted on AST’s of £450 pcm and one vacant. Following a scheme of refurbishment, this could be significantly increased.

ACCOMMODATION
Ground Floor: 2 x 1 bedroom flats, lounge, bathroom, kitchen.
First/Second Floor: 3 x 1 bedroom flats (1 duplex), lounge, bathroom, kitchen
Outside: Driveway to side, Gardens to front & rear.

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.

TENURE: Freehold

COUNCIL TAX: A

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.