Pri150: 150 Princes Road, Princes Park, Liverpool, L8 2UL

150 Princes Road, Princes Park, Liverpool, L8 2UL

Location: About one mile south-east of Liverpool City Centre, 0.25 miles from local shops on Lodge Lane. 0.5 miles from the Tesco Superstore on Park Road; Princes Road itself is a bus route for Liverpool city centre. About 200 yards from the entrance to Princes Park.

A three storey building containing 4 one-bed flats and 2 two-bed flats. The rents £pcm from Flats 1 to 6 are 400, 330, 330, 390, 308 and 300. All flats are self contained and have separate bathrooms, bedrooms and kitchens except Flat 1 & 2 where the very large room to the front has a kitchen at one end  and lounge/dining area at the other.  There are communal gardens to front and rear and the rear has potential for car parking

Facilities: full gas central heating (except for flat 5)

Auction guide price is £300,000.  Total rents of £24,696 p.a.  giving a return of 6.6% after deducting 20% for repairs, management, insurance, letting costs etc.  If the property sold for £270,000 the net return would be 7.3%

Management.  For an initial period of one year I am offering a comprehensive management service at 5% of rents received, and a comprehenisve letting services (adverts on all major webiste) for £300 + vat.

Link to auction site:

Plans and dimensions below

Pri150

External photos

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Flat 1

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Flat 2

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Flat 3

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Flat 4

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Flat 5

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Flat 6

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