5 bedroom terraced house for sale

Picton Road, Wavertree, L15

Sold STC £119,950

Property Description

Key features

  • Fire Alarm System, Emergency Lighting & Fire Doors
  • Minor Scheme of Refurbishment Required
  • Potential for Rear Kitchen Extension
  • Excellent Transport Links
  • Close to Liverpool City Centre
  • Double Glazing & Gas Central Heating
  • No Chain
  • Potential Return of 19,500 per Annum
  • Excellent Investment Opportunity - 16%+ Yield
  • Local Shops and Amenities

Full description

Tenure: Freehold

This property is now sold subject to contract, viewings are no longer being accepted.

AN EXCELLENT INVESTMENT OPPORTUNITY OFFERING A POTENTIAL RETURN OF £19,500 PER ANNUM RESULTING IN A 16%+ YIELD

Situated in Wavertree, a popular and diverse south Liverpool suburb and home to many well-known landmarks including Penny Lane (made famous by the Beatles!), Smithdown Road and Wavertree Playground (known locally as ‘The Mystery’). Smithdown Road is a well established student quarter and offers a diverse selection of wine bars, restaurants, coffee shops, take aways, convenience stores and independent businesses. Wavertree is also home to many quality schools including Blue Coat, Liverpool’s only grammar school, and can be within the catchment area of Liverpool College and King David. The suburb also offers excellent rail and bus links to Liverpool city centre.

The accommodation briefly compromises of; entrance hallway, front living room (utilised as a bedroom), back dining room, modern fitted kitchen and a good size back yard (potential to extend) with gated access. To the first floor are two double bedrooms and a family bathroom. To the second floor are two double bedrooms.

The property also benefits from double glazing, gas central heating, fire alarm system, emergency lighting, fire doors and some original period features.

As an investment, the property is currently vacant but would attract tenants at a rent of £75 per person per week if let on a room only basis with bills included (gas, electric, water, internet and TV licence) to students. The current owner has estimated the annual bills as; water £400, electric £600, gas £600, council tax £1240 (students are exempt from paying council tax), TV licence £150, broadband £200. Atlas Estate Agents are able to find quality tenants from just £239 and also offer full management at a rate of 10%.

The property will require a HMO licence if let on a room only basis, more information can be found on Liverpool city council's website;

https://liverpool.gov.uk/business/landlord-licensing/houses-in-multiple-occupancy/

This opportunity will not be on the market for long so contact us today to arrange your viewing!

Further Details

Property Type: Terraced House (5 bedroom, 1 bathroom)
No. of Floors: 3
EPC Rating: E49
Council Tax Band: A
Local Authority: Liverpool City Council
Parking: On Street
Heating/Energy: Gas Central Heating, Double Glazing

Disclaimer

These particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers/tenants and do not constitute an offer or part of a contract. Prospective purchasers/tenants ought to seek their own professional advice.

All descriptions, dimensions, areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers/tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.

All measurements are approximate.

Room Details


Kitchen 
2.61m x 2.71m
(8' 7" x 8' 11")
Range of kitchen wall and base units, laminate worktops, electric oven, gas hob, sink with taps, housing for appliances, boiler, window, PVC door to yard, radiator, tiled floor

Front Living Room/Bedroom 1 
3.38m x 4.13m
(11' 2" x 13' 7")
Coving, bay window, radiator, chimney breast, meter cupboard, carpet

Rear Reception Room 
2.61m x 2.71m
(8' 7" x 8' 11")
Window to rear aspect, radiator, chimney breast

Bedroom 2 
2.76m x 3.71m
(9' 1" x 12' 3")
Window to rear aspect, chimney breast, radiator, carpet

Bedroom 3 
4.51m x 4.11m
(14' 10" x 13' 6")
Coving, bay window, chimney breast, radiator, carpet

Bedroom 4 
2.71m x 4.48m
(8' 11" x 14' 9")
Velux roof window, chimney breast, carpet, radiator

Bedroom 5 
4.08m x 4.36m
(13' 5" x 14' 4")
Window to front aspect, radiator, carpet

Bathroom 
2.46m x 2.7m
(8' 1" x 8' 11")
Fully tiled walls, polysafe flooring, shower enclosure, bath, wash basin, W/C, storage space, electric shower, window to side aspect radiator, loft access

More information from this agent

Listing History

Added on Rightmove:
30 May 2018

Nearest stations

  • Edge Hill (0.5 mi)
  • Wavertree Technology Park (0.5 mi)
  • Broad Green (1.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Atlas Estate Agents, Aigburth

10 Ashfield Road, Aigburth, Liverpool, L17 0BZ

0151 954 0500 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Edge Hill (0.5 mi)
  • Wavertree Technology Park (0.5 mi)
  • Broad Green (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Atlas Estate Agents, Aigburth

10 Ashfield Road, Aigburth, Liverpool, L17 0BZ

0151 954 0500 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 425. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Atlas Estate Agents, Aigburth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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