Homesure Property says ..

Property Oracle says ..

This property located on Kremlin Drive in Liverpool, L13, is listed as a block of apartments for £270,000. The listing highlights the potential for rental income, suggesting it’s currently or could be operated as an HMO (House in Multiple Occupation). The property comprises multiple units: six bedsits, one studio apartment, and one one-bedroom apartment. The provided photographs reveal the property to be in need of significant renovation. The interior is dated and requires modernisation; flooring, fixtures, and fittings appear worn and outdated. Some rooms show signs of neglect and potential damp issues. The basement appears particularly dilapidated. The property’s location in Tuebrook and Stoneycroft offers convenient access to schools and public transport, although the specific quality of these amenities needs further clarification. The lack of information regarding the plot size suggests a limited or absent outdoor space. While the property presents itself as an investment opportunity due to its potential for rental income, prospective buyers must consider the significant costs associated with comprehensive renovations before making a decision. The actual condition and rental potential should be fully evaluated before deciding on an appropriate price; obtaining a professional survey is crucial to determine the extent of required repairs and their potential financial implications.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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