3 storey property containing a Ground Floor Shop Store and 1 bedroom Flat located within a prime location in Wavertree, Liverpool.
(Subject to gaining necessary planning consents) this property has the potential to become excellent serviced accommodation, with local rates for 1 bedroom properties starting from around £60 per night.
At 80% occupancy per month, unit could achieve £1460 PCM (£17,520 P/A) which would generate an incredible 9.7% gross yield if secured at the guide.
The property requires full renovation, presenting a unique opportunity for astute builders, investors, or developers seeking a rare project with remarkable capital growth potential. This property is being offered at a substantial discount, capturing the attention of commercial investors looking for rare premises that promise high yield potential or an affordable investment opportunity.
Location
Located at 4a High Street, Wavertree, Liverpool.
Accommodation
The property comprises a spacious ground floor shop with a storeroom at the back, a cellar with additional storage, and a generously sized 1 bedroom flat spread across the first and top floor.
Terms
Guide Price - £180,000
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
- We are excited to present this 3 storey property containing a Ground Floor Shop Store and 1 bedroom Flat located within a prime location in Wavertree, Liverpool.
- Sales Evidence:**4, Salisbury Terrace, Liverpool L15 4HD sold for £290,000 in Apr 2023** **11, Grove Street, Wavertree, Liverpool L15 8HU sold for £280,000 in Jul 2022**
- (Subject to gaining necessary planning consents) this property has the potential to become excellent serviced accommodation, with local rates for 1 bedroom properties starting from around £60 per night.
- The property requires full renovation, presenting a unique opportunity for astute builders, investors, or developers seeking a rare project with remarkable capital growth potential.
- This property is being offered at a substantial discount, capturing the attention of commercial investors looking for rare premises that promise high yield potential or an affordable investment opportunity.