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Land, in Kensington, £450,000
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Property

Kensington, Liverpool, Merseyside, L7 8XE
£450,000

Our Summary

  • Rare Investment Opportunity
  • Room for Rent Uplift
  • An excellent investment opportunity offering strong rental returns and future development flexibility, located in a popular rental area within the L7 postcode of Liverpool
  • Let at £700pcm / £16,800pa Occupied by a single tenant operating two businesses (barbershop & recording studio) Current tenant to be made aware of potential rental reassessment or sale Total Annual Income: Approx
  • £45,000pa Current rental values are below market rate and present an opportunity for uplift

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Description

The property consists of two adjoining buildings with a total of six units. There are four 2-bedroom flats, each with a separate kitchen/diner, and a bathroom. There are also two commercial units, previously used as a convenience store and a post office, which are now split and occupied by a single tenant operating a barbershop and a recording studio.

The flats are all fully let to long-term tenants for £700 per month, and the tenant of the commercial units is aware that their rental may be reassessed or the property may be sold. The property is freehold.