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