Detached house for sale in Kremlin Drive, Old Swan, Liverpool L13

Investment opportunity with a potential rental income of approximately £90,000 per annum.

A three storey plus basement detached property which is converted to provide 12 x 1 bedroomed self contained flats benefiting from double glazing, central heating, intercome system, driveway and large rear yard which could be used as a car park. Two of the flats are currently let by way of Assured Shorthold Tenancies producing a total of £13,200 per annum. Seven of the other flats have recently been refurbished and are ready for immediate occupation.

Situated
Off Queens Drive in a popular and well-establsihed area close to local amenities, Tuebrook shopping, Newsham Park, schooling and transport links. The property is approximately 4 miles from Liverpool City Centre.

Lower Ground Floor
64 Flat 1 - Hall, Living Room, Bathroom/WC, One Bedroom, Kitchen
66 Flat 1b - Hall, Living Room, Kitchen, Bathroom/WC, One Bedroom - sk have not inspected this flat internally
66 Flat 1a - Hall, Bathroom/WC, One Bedroom, Open Plan Living Room/Kitchen

Ground Floor
64 Communal Hall
64 Flat 2 - Hall, Living Room, Kitchen, Bathroom/WC, One Bedroom - sk have not inspected this flat internally
66 Vestibule, Communal Hall
66 Flat 1 - Hall, Living Room, Shower Room/WC, One Bedroom, Kitchen
66 Flat 2 - Hall, Living Room, Kitchen, Bathroom/WC, One Bedroom - sk have not inspected this flat internally

First Floor
64 Flat 3 - Hall, Living Room, Kitchen, Bathroom/WC, One Bedroom
66 Flat 4 - Hall, Living Room, Kitchen, Bathroom/WC, One Bedroom
66 Flat 3 - Hall, Living Room, Shower Room/WC, One Bedroom, Kitchen - sk have not inspected this flat internally. Tenanted at £6,600 per annum.

Second Floor
64 Flat 4 - Hall, Living Room, Kitchen, Bathroom/WC, One Bedroom - sk have not inspected this flat internally. Tenanted at £6,600 per annum.
66 Flat 6 - Hall, One Bedroom, Bathroom/WC, Kitchen, Living Room
66 Flat 5 - Hall, One Bedroom, Bathroom/WC, Kitchen, Living Room - sk have not inspected this flat internally

Outside
Driveway and rear yard which could easily be opened up to provide car parking.

EPC Rating
Flat 1 64 - D
Flat 2 64 - C
Flat 3 64 - C
Flat 4 64 - D
Flat 1a 66 - C
Flat 1b 66 - C
Flat 1 66 - D
Flat 2 66 - C
Flat 3 66 - C
Flat 4 66 - C
Flat 5 66 - D
Flat 6 66 - D

Council Tax Band
All flats are Band A

get ready to bid by visiting the auctioneers website

guide prices & reserve prices

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.