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House For Sale £450,000
Conversion Opportunity


Description
*We understand this conversion can be carried out under permitted development. Please contact for more information.

Presenting a solid investment opportunity in Liverpool, MERSEYSIDE, this mixed-use property is priced at £450,000.00 and comes with vacant possession, providing a clear pathway for conversion into a residential asset. Here are the key highlights of this property:

Type of Investment: Conversion Opportunity
Current Configuration: Closed restaurant with vacant flats above
Conversion Potential: Up to 6x 2-bedroom flats and 2x 1-bedroom flats (8 total subject to planning)
Additional Conversion: Potential to convert the basement for additional space or units
Estimated Rental Income Post-Conversion: ~£75,000 per annum

This property's current mixed-use status, coupled with the prospect of converting it into a primarily residential asset, provides a tangible opportunity for investors looking to capitalize on Liverpool's housing demand. The additional potential to convert the basement offers a unique avenue to further maximize the space and income generated from this investment.

With a strategic approach to the conversion, investors can anticipate a steady rental income stream and a valuable addition to their property portfolio.

This property presents a straightforward conversion opportunity in a location with a positive outlook, making it a sensible choice for investors seeking a balanced risk-reward profile in the Liverpool real estate market.

Buyer Fee: 1.95%

More details upon request.

Tenure: Freehold

Follow the link for more information:
        
onthemarket.com

  
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