Lot 2 - 90/90a Litherland Road, Bootle, Sefton, L20 3HZ

  • Unconditional Online Auction Sale
  • Guide Price* : £365,000+
  • Bedrooms: 9
  • Bathrooms: 9
  • Reception Rooms: 2

A tenanted nine bedroom all ensuite HMO let to working professionals producing £54,000 per annum when fully tenanted

Description

• Freehold semi-detached house
• 9 ensuite bedroom tenanted HMO
• 2 Communal kitchens, dining spaces and reception rooms
• Fully renovated to a high standard throughout
• Fully managed HMO in a prime location
• Current rental income of £48,000 per annum
• Rental income of £54,000 per annum when fully let
• Representing a gross yield of 16.7% on guide when fully let
• Sui Generis planning permission in place

Location

Situated on the well-connected Litherland Road in Bootle, the property benefits from convenient access via the A5036 and A565. Providing direct routes to Bootle town centre, Liverpool city centre, and Aintree University Hospital. Set within a well-established residential area, it is close to a range of local amenities including shops, schools, and parks. The property is also conveniently located near Hugh Baird College and benefits from proximity to Liverpool’s strong and diverse job market, with the area undergoing ongoing regeneration including a £20 million shopping centre development.

Transport links are provided by both Bootle New Strand and Seaforth & Litherland Rail Stations.

Planning

Planning granted through Sefton Council: Ref DC/2019/02023 | (06-11-2019)

Change of use to convert two properties (90 & 90A Litherland Road) into a House in Multiple Occupation (sui generis) (up to 9 persons) including erection of a second-floor dormer to the rear and external alterations.

HMO Compliance

- HMO Licence
- EICR (Electrical Installation Condition Report)
- Fire Risk Assessment
- Fire Safety Certificate

Copies of these documents can be found within the legal pack

Accommodation

Room Number Floor Accommodation Tenancy Info Rent Per Annum
1 Ground En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 2nd January 2024 £6,000
2 Ground En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 1st March 2024 £6,000
3 Ground En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 11th July 2022 £5,400
4 First En-suite HMO room with access to communal kitchen, dining space and reception room Currently advertised to let £6,000
5 First En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 1st February 2025 £6,000
6 First En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 22nd August 2025 £6,600
7 First En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 27th October 2025 £6,000
8 Second En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 15th March 2024 £6,000
9 Second En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 15th February 2025 £6,000

Vendors Solicitor
Sham Michael
02032920669

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). This is not necessarily a figure which a property will sell for and may change at any time prior to the auction. Every property will be offered subject to a Reserve Price (this is the sellers minimum expectation) which will be set within either a Guide Range or no more than 10% above a single figure Guide Price.

The Buyers Administration Fee of £1,500 (inclusive of VAT) is a separate charge payable in addition to the price a Lot sells for. In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, HMO X Auctions must hold a minimum amount from all bidders. This participation amount and administration fee are fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (which forms part of your 10% deposit payment) and the buyers administration fee of £1,500 (inclusive of VAT).

Please note that Lots may be sold or withdrawn prior to auction without prior notice.

Any information provided by HMO X Auctions or the seller, whether in writing or orally, does not constitute a representation, condition, or warranty. The information given is for illustrative purposes only and should not be considered as fact. Any mistakes, omissions, inaccuracies, or mis-descriptions in the information provided will not give rise to any legal action or compensation against HMO X Auctions or the seller.

All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of HMO X Auctions or the seller.

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Financing

Looking to purchase at auction but need the right finance in place? We’ve partnered with Roma Finance to help our buyers secure fast and flexible funding solutions tailored for HMOs.

Get in touch with Roma Finance today to explore the best financing options for your next HMO purchase

HMO X - Roma Finance

Vendors Solicitor

Sham Michael
02032920669

Agreement Documents

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