Woodhall Road, Liverpool, L13 – Get Your Hands Dirty
I’ve spotted this fantastic property that is in needs of lots of work but is in a great location. The 3 bedroom mid terrace property is located off Prescot Road near the shops and banks in Old Swan making this a great place to live for owner occupiers and tenants.
I went to view this property as I often like to window shop and this is in need of major works but at £35,000 this will not be on the market long. If someone has the expertise to do a full renovation and alteration to the property, then this old, ruined and battered property could be transferred in to a beautiful, modern and happy family home.
I would personally knock the wall down between the kitchen and back living room to make a large open plan kitchen/diner area and also make the bathroom larger by taking away some space from the 2nd bedroom (which is a good size). This wouldn’t cost too much and if the property was to be fully renovated, then this would be the best time to make these alterations.
I don’t feel the person who buys this property will get it for £35,000 as the agent told me that there has been strong interest with lots of people viewing when I went down to view it.
Once renovated to a good standard, then properties of this size in this area can achieve up to £120,000 and are very sought after. They also make great rental properties and the rental income achieved would be £575pcm (£6,900 per annum)
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If you are interested in this property, then I wouldn’t delay in contacting Reeds Rains to arrange a viewing on it.