Property for sale in Durndale, 16 Linnet Lane, Aigburth, Liverpool L17

A residential investment opportunity fully let producing approximately £62,000 per annum
A fantastic opportunity to acquire a freehold three storey plus basement detached period property converted to provide 5 spacious self contained flats (3x2 bed, 1x4 bed and 1x1 bed) sat on a good sized corner plot. All flats are let by way of Assured Shorthold Tenancies.

The property benefits from partial double glazing, central heating, newly slated roof to front, many original features and well maintained front and side gardens. The 2 ground floor flats benefit from private rear gardens. All white goods are included in the sale.

The basement is suitable for conversion to provide another 2 bed apartment and permission was granted which has now expired (Ref: 05F/0270) Plans are available for inspection at the auctioneers offices. Vacant possession could be available from 1st August 2024.

Situated
Fronting Linnet lane on the corner of South Albert Road in a sought after location in South Liverpool and just a stone's throw from Sefton Park and Lark Lane shops, bars and restaurants. Liverpool City Centre is approximately 3 miles north.

Ground Floor
Basement - not inspected.
Main Entrance Hallway
Flat 1 - Hall, Open Plan Lounge/Kitchen, Two Bedrooms, Bathroom/W.C. With private garden access
Flat 2 - Hall, Lounge, Kitchen, Two Bedrooms, Bathroom/W.C. With private garden access

First Floor
(Flat 3 over three floors)
Flat 3 - Entrance - Hall, Lounge, Kitchen, Half Landing, Bathroom/W.C, stairs to Study, Bedroom.
Flat 4 - Hall, open plan Lounge/Kitchen, Bathroom/WC, separate WC, 4 Bedrooms

Second Floor
Flat 5- Hall, Open Plan lounge/kitchen, bathroom/wc, 2 Bedrooms.

Outside
Well matured front and side garden. Two private rear gardens

EPC Rating
Flat 1 - D
Flat 2 - D
Flat 3 - D
Flat 4 - C
Flat 5 - D

Council Tax 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.