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5 bedroom detached house for sale
Sandown Road, Wavertree
£625,000
Sandown Road, Wavertree
£625,000
Our Summary
- There is potential for an additional apartment in the basement, subject to the usual building and planning permissions
- The building may also lend itself to further planning permissions for additional units, but again would be subject to permissions
Description
This stunning Grade II listed Georgian Mansion Block in Wavertree is a rare opportunity to own a piece of history. The detached building has been beautifully divided into 5 spacious one-bedroom apartments, each with its own unique design and original features. The apartments are currently let on AST's, generating a total annual income of £42,660 and a gross yield of 6.6%. With potential for additional apartments in the basement and further planning permissions, the yield could increase to 7.5%. The apartments are bright and airy, with luxurious finishes, huge sash windows, and high ceilings. The communal areas are well-maintained, with gardens and forecourt parking for each apartment. The property is located in a quiet and beautiful area of Wavertree, within walking distance to major transport links and just 2.8 miles from Liverpool City Centre.