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Greenbank Drive, Sefton Park 10 bed block of apartments for sale
Greenbank Drive, Sefton Park
£825,000
Greenbank Drive, Sefton Park
£825,000
Our Summary
- FOR SALE VIA MODERN METHOD OF AUCTION VIA HOWSOLDNestled in the desirable area of Sefton Park, Greenbank Drive presents an exceptional opportunity to acquire a block of flats within a splendid Victorian villa
- This freehold property is under a single title, offering the potential for commercial classification under Stamp Duty Land Tax (SDLT)
- The current gross income stands at an attractive £61,200 per annum, with the potential to increase to £70,000, yielding an impressive 8%
- Additionally, there is an annexe currently used for storage, which has planning permission to be converted into a three-bedroom flat, enhancing the property's appeal and potential rental income
- With an Energy Performance Certificate rating of C or D, this property not only offers a lucrative investment opportunity but also aligns with modern energy efficiency standards
- In summary, this block of flats on Greenbank Drive is a remarkable investment opportunity, combining spacious living, excellent income potential, and a prime location in one of Liverpool's most sought-after areas
- Buyers should ensure they understand the auction terms before proceeding
- MODERN METHOD OF AUCTION
- Modern method of auction
Description
Nestled in the desirable area of Sefton Park, Greenbank Drive presents a unique opportunity to acquire a block of six flats within a stunning Victorian villa. The property, converted in 2005, boasts solid oak flooring and secondary glazing, offering a comfortable living space. The freehold property has the potential to be classified as commercial under Stamp Duty Land Tax, or divided into six separate titles for future investment strategies. With a current gross income of £61,200 per annum, and potential to increase to £70,000, the property yields an impressive 8%. The property features a car park, communal garden, and communal cellar, as well as an annexe with planning permission to be converted into a three-bedroom flat. Situated close to Smithdown Road and Sefton Park, this location offers a blend of urban convenience and natural beauty. With an Energy Performance Certificate rating of C or D, the property not only offers a lucrative investment opportunity but also meets modern energy efficiency standards.