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Street Address
Liverpool, L19 1QW
Property description
Liverpool Residential are delighted to offer for sale this commercial and residential property comprising of a ground floor commercial unit which is currently partitioned in to two separate storage units, rear double garage and nine bedroom self contained HMO above located on Bowden Road in Garston. The property has a potential gross rental income of £49,440 based on the flat being fully refurbished and the commerical unit being renovated and split in to two retail units with shop fronts. (planning may be required).
The flat is currently licenced as a HMO under Liverpool City Council (as of Oct 2016). Please note licences do not transfer between buyers.
The property is currently let with the commercial unit and garage let for £175 PCM. The flat is currently let for a total of £1730 PCM. There is currently two rooms which are unoccupied but if let out this will increase the current rental income to £2180 PCM giving a current annual income of £28,260,
This property briefly comprises of;
Ground floor entrance hallway via rear yard with stairs to the flat and ground floor commercial unit with rear garage which is approx 3000 sq feet.
To the first floor there is a fully fitted kitchen, two bathrooms and five double bedrooms. One of these bedrooms has a self contained kitchen.
The second floor has a further four bedrooms and one of these rooms has its own separate lounge.
The property benefits from UPVC double glazing throughout and electric heating.
The property is in need of modernisation to maximise its rental potential but has been priced accordingly and will be a great investment to the right person.
For further details or to arrange a viewing please contact our office on 0151 322 2003.
GROUND FLOOR:
Office 1
Commercial unit currently partitioned in to two storage units with rear double garage.
Entrance hall
Wood door accessing flat with stairs leading to first floor. Carpet flooring and papered walls.
FIRST FLOOR:
Bedroom 1
UPVC double glazed window, electric heating, laminate flooring and papered walls.
Bedroom 2
UPVC double glazed window, electric heating, laminate flooring and papered walls.
Bedroom 3
UPVC double glazed window, electric heating, laminate flooring, papered walls and self contained fitted kitchen.
Bedroom 4
UPVC double glazed window, electric heating, laminate flooring and papered walls.
Bedroom 5
UPVC double glazed window, electric heating, laminate flooring and papered walls.
Shower
Three piece bathroom suite with shower over the bath, tiled and painted walls, vinyl flooring and mechanical ventilation.
Bathroom
Three piece bathroom suite, tiled and painted walls, vinyl flooring and UPVC double glazed window.
Kitchen
UPVC double glazed window, fitted kitchen, tiled splash back, vinyl flooring and free standing appliances.
SECOND FLOOR:
Bedroom 6
UPVC double glazed window, electric heating, laminate flooring, papered walls and separate lounge area.
Bedroom 7
UPVC double glazed window, electric heating, laminate flooring and papered walls.
Bedroom 8
UPVC double glazed window, electric heating, laminate flooring and papered walls.
Bedroom 9
UPVC double glazed window, electric heating, laminate flooring and papered walls.
Outside
Entrance to the flat is through a communal yard with brick boundary walls.