We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 26th March 2024
Description
Prime Property Auctions New Entry. 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.
\r \r \r Prime Property Auctions New Entry. Full building with a Tenanted 1 Bedroom Flat on Top Floor AND Vacant Commercial Unit on Ground Floor with FULL PLANNING PERMISSION in Liverpool.\r \r 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. \r \r 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. \r \r Property benefits from excellent footfall and is sure to appeal to landlords looking for an affordable development opportunity. \r \r Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.\r \r 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.\r \r Location:\r \r 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.
Agent Details
Prime Property Auctions Ltd
126 West Regent Street, Glasgow, G2 2RQ
Investment Analysis
Annual Rent:
Annual Mortgage Interest:
Annual Costs:
Calculators
Mortgage Finder
Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required
Mortgage Offers
This service is currently unavailable.
Our comparison tool provides an indication of the best suited mortgage deals currently on the market for you. We can help you save time and money, our mortgage experts will manage your application from start to finish.
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.