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Property Listing Details

Block of flats for sale

Knowsley Road, Bootle L20

  • Under offer
  • Investment
Offers in region of

£169,950

(£93/sq. ft)

Property details

  • 3 reception rooms
  • Floor area 1,830 sq. ft

Features

  • Freehold
  • Private garden
  • Communal garden
  • Off street parking
  • Central heating
  • Fireplace
  • Block of 3 Flats
  • Fully tenanted
  • Current yield c.11%
  • Accessible area
  • Call for 360Vu virtual tour

Listing view statistics

Last 30 days: 116 page views

Since listed: 116 page views

Description

Description
This is a ready-made opportunity for investment. This property is currently configured as a block of three self-contained 2 bed flats, each with separated electrics, bathrooms, kitchens and central heating systems. It has serviced accommodation potential (i.e. Letting as holiday let on platforms such as Airbnb and ).

The block is a prominent building at the corner of Knowsley Road and Byron Street in Bootle. It is well located with access to the Port of Liverpool with a short walk. Knowsley Road is a popular area with a Post Office, Butchers and other local retail / grocery stores within a short walk. The main Bootle Strand Shopping Centre that houses many of the high street brand stores is located within a 15 / 20 minute walk from the premises.

Currently generating £18,600 pa from standard assured shorthold tenancy (AST).

Current Yield circa 11% pa (based on purchase price of £169,950 and current rental income of £18,600 pa).

Tenure / Title
The current title is a long leasehold with 900+ years remaining. Ground rent is presently peppercorn. There are also no current service charges. Titles have currently been split.

However, the freeholder is absent, and it may be possible to acquire the freehold for £3.5k. The successful buyer would have to make their own enquiries in respect of this.

Occupancy / Configuration
Flat 1 is located on the ground floor and has a separate entrance and is a two bedroom, rented at £500 pcm on an expired (periodic) tenancy. Flat 1 does not have direct access to the rear yard. Area is circa 50sqm.

Flat 2 is located on the first floor and has a shared entrance with Flat 3 and direct access to the rear yard. It is a two-bedroom space, rented at £500 pcm on an expiring tenancy (Feb 2020). Area is circa 50sqm.

Flat 3 is located on the second floor and has a shared entrance with Flat 2 and direct access to the rear yard. It is a two-bedroom space, rented at £550 pcm on an expiring tenancy (Nov 2020). Area is circa 60sqm.

Energy Performance (EPC)
Note that the energy performance rating on the public register does not accurately reflect the situation at premises as there have been major improvements such as the installation of central heating systems in each flat, which will favourably increase the Energy Performance.

Are you still interested?

Step 1: How to View the Property

Viewings are first done by way of viewing the 360Vu virtual tour available within this Zoopla listing. Alternatively, you can call us and request the 360Vu virtual tour link to be sent to you.

Step 2: We need to collect a bit of information
We will request a few details of who you are in order to comply with Anti-Money Laundering Regulations (aml).

Step 3: We can set up a physical viewing for you.

Step 4: Once you've viewed - Quickly Reserve!
A reservation payment of 5% of the agreed sale price will be requested and the opportunity will be taken off the market for you.

Step 5: Helping you through the sale process
We can recommend Lenders, Conveyancers / Solicitors, Builders, Property Managers - 360Vu covers all angles!

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Seaforth & Litherland 0.5 miles
  • Bootle New Strand 0.7 miles
  • Our Lady Star of the Sea Catholic Primary School 0.4 miles
  • All Saints Catholic Primary School 0.5 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Seaforth & Litherland 0.5 miles
  • Bootle New Strand 0.7 miles
  • Our Lady Star of the Sea Catholic Primary School 0.4 miles
  • All Saints Catholic Primary School 0.5 miles

Market stats

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Sale activity

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In the last 12 months

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Rental opportunities

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Estimated running costs

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Approximate costs
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  • Mortgage £ p/m
  • Energy Not known
  • Home insurance Not known
  • Water Not known
  • Council tax Not known

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The Agent

Price history

Sold prices provided by Land Registry
2nd Dec 2019 £169,950 First listed
18th Nov 2011 £15,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by 360Vu. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact 360Vu for full details and further information.