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Terraced house for sale
206 & 206A Rice Lane, Liverpool
£75,000
206 & 206A Rice Lane, Liverpool
£75,000
Our Summary
- The property has planning permission to provide a 5 bedroom HMO each room having it's own ensuite shower/wc and has been ripped out inside ready for works to be started
- Once complete the potential rental income would be approximately £25,000-£28,000 per annum
- Planning Reference Number: 23F/2498SituatedFronting Rice Lane in a popular and well established residential location to local amenities and within walking distance to Rice Lane Train Station
- EPC Rating 206 - G206a - GGET READY TO BID BY VISITING THE AUCTIONEERS WEBSITEGUIDE PRICES & RESERVE PRICESGuide PriceAn indication of the seller’s current minimum acceptable price at auction
- 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
- Both the guide price and the reserve price can be subject to change up to and including the day of the auction
- Reserve PriceThe seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell
- Sutton Kersh Are Pleased To Offer For Sale By Public Auction On : Tuesday, 20 May 2025 at
- Virtual Livestream Online Auction
Description
This three-storey end of terraced property in a popular location has been stripped out and has planning permission to be converted into a 5-bedroom HMO, each room with its own ensuite shower/wc. The property benefits from double glazing and electric heating, and once completed, it's estimated to generate a rental income of £25,000-£28,000 per annum. Situated near local amenities and just a short walk from Rice Lane Train Station, the property is approximately 5 miles from Liverpool City Centre. The guide price is £200,000-£250,000, and the reserve price is not disclosed. This is a great opportunity for investors or developers to purchase a project with potential for a high rental yield.