She128: 128 Sheil Road, Newsham Park, L13 7UA

128 Sheil Road, Newsham Park, L13 7UA

Location:  About 1.5 miles east of Liverpool City Centre, on the edge of Newsham Park, close to the junction of West Derby Road and St Margaret’s CoE Church, about 0.3 miles from the Asda supermarket in Breck Road, and next to several bus routes on both Sheil Road and West Derby Road

A three storey building converted into four flats, two one-bed flats on the ground floor, and a two-bed flat on each of the first and second floors.  A & B, the ground floor flats are vacant and in need of repair.  C & D are let at £350 and £400 pcm

Facilities: full gas central heating and double glazing to all flats

The auction guide price is £110,000.  If both empty ground floor flats were let for £300pcm each the total rents would be £9,000 p.a. and this will give a net return of 11.8% after deducting 20% for repairs, management, insurance, letting costs etc.  If the property is sold for £99,000 the net return would be 13.1%

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

Link to auction site:




Flat D




IMG_0684 IMG_0682

Flat C


IMG_0694 IMG_0693 IMG_0690 IMG_0691

Flat A (ground floor front)

IMG_0702 IMG_0703 IMG_0704 IMG_0705

Flat B (ground floor rear)

IMG_0697 IMG_0698 IMG_0699 IMG_0700 IMG_0701

IMG_0941 IMG_0945 IMG_0944 IMG_0943 IMG_0942