Attractive Development Opportunity, 13 Hawthorne Road, Bootle, Liverpool, L20 2DG

Full building with a Tenanted 1 Bedroom Flat on Top Floor AND Vacant Commercial Unit on Ground Floor with FULL PLANNING PERMISSION in Liverpool.

Unit on the ground floor is a former tanning salon and has full planning permission to be converted into a residential dwelling. The upstairs flat has been converted and is currently tenanted providing an exceptional rent of £550/month. 

Once converted, the two flats could provide an excellent yield of 14-15% based on guide price of £90,000. Roof has recently been replaced. 

Property benefits from excellent footfall and is sure to appeal to landlords looking for an affordable development opportunity.

Location

Bootle is a vibrant town located in the metropolitan borough of Sefton, within the greater Liverpool area. Nestled along the picturesque Mersey Estuary, Bootle offers a unique blend of urban living and historical charm. Its waterfront promenade provides stunning views of the river and the Liverpool skyline, while the town centre boasts a mix of shops, cafes, and cultural attractions. With a rich maritime heritage and close proximity to Liverpool's bustling city centre, Bootle is a dynamic and accessible hub for both residents and visitors alike.

Terms

Guide Price - £90,000

Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.

Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.

Specification

• Full building with a Tenanted 1 Bedroom Flat on Top Floor AND Vacant Commercial Unit on Ground Floor with FULL PLANNING PERMISSION in Liverpool.
• Once converted, the two flats could provide an excellent yield of 14-15% based on guide price of £90,000
• Upstairs flat currently tenanted at £550/month giving instant cash flow from day one. Roof has recently been replaced. 
• Property comprises: Large 1 bedroom flat on top floor and a vacant commercial unit on ground floor with full planning permission for residential conversion - DC/2019/01225
• Property benefits from excellent footfall and is sure to appeal to landlords looking for an affordable development opportunity.