MapProperty
Key information
Features and description
- Ideal Investment Opportunity
- 8 Bedroom HMO (Licensed until 2025)
- Fully Fitted Kitchen
- Fully Furnished
- Communal Lounge
- All Bedrooms With En Suite Shower Room
- Current Planning Permission for Additional Bedroom & En Suite
Video tours
We are delighted to welcome to the market this wonderful eight bedroom terraced property. Located in Kelvin Grove which is accessed from High Park St behind the newly regenerated Welsh Streets and within walking distance of historic Princes Park. Ideal for a multitude of purposes and fully furnished. All eight bedrooms have en-suite facilities. Recently refurbished this property is currently being utilised as a 'serviced accommodation' having also been a student property. It holds a HMO license until 2025 and has planning permission for an additional ninth bedroom in the basement.
The flexibility to utilize this property as whatever is desired is a massive advantage. Currently run as serviced accommodation, it has also been student accommodation and can easily be reverted back to a large family home if required. With generated income between £50,000 and £70,000 this is a fantastic investment opportunity, not to be missed ! Viewings available straight away.
Please note we have not inspected this property.
Rooms
Location
Located in Kelvin Grove which is accessed from High Park St behind the newly regenerated Welsh Streets and within walking distance of historic Princes Park. Ideal for a multitude of purposes and fully furnished. The closest transport link is High Park Street bus stop (0.2 mile). Liverpool City Centre is located approximately 2 miles away from the property.
Accommodation
The property comprises two bedrooms to ground floor, communal area and fully fitted kitchen with two fridge freezers, two four ring hob and ovens, washing machine and dryer. To level one there are three bedrooms and on level two a further three more. The property benefits from electric heating and double glazed windows throughout. The basement is currently empty housing a biomass boiler that is no longer in use. There is current planning permission to convert this into a ninth bedroom with en-suite.
Tenure
We are advised the property is Freehold, further information will be outlined in the legal pack.
Council Tax
Band A.
EPC
Available upon request (rating D).
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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