60 Croxteth Road, Liverpool L8 3SQ

A substantial four storey double fronted semi-detached property which is currently let until June 2012 to 11 students producing an annual rental income of £35,000 to include bills. There are currently 12 letting rooms. With full occupancy the potential total annual income is just over £38,000 (assuming current weekly rental rates). The property benefits from central heating, intercom system and generous off road parking. All letting rooms benefit from a W.C and wash hand basin. Three of the four floors have communal showers (5 in total).Potential to increase rental income through subdividing some large letting rooms and/or using one or more of the communal lounges for letting rooms (subject to all the necessary consents). Property also has the potential to be converted to apartments (subject to all necessary consents)