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Land for sale
Land On The North West Side Of Bailey Street, Liverpool
£150,000
Land On The North West Side Of Bailey Street, Liverpool
£150,000
Our Summary
- Vacant Land benefitting from planning permission to erect a three storey, 6-bedroom, 8 person property to be used as a HMO on an existing car park at the corner of Bailey Street and GrenvilleStreet South and is in a good location for per night accomodation
- Once finished the potential rental income is approx £52,000-£55,000 per annum however the per night accommodation could be much higher
- SituatedOn the Corner Of Bailey Street And Grenville Street South approx 1/2 mile from Liverpool City Centre and within easy reach of Universities with good transport linksGET READY TO BID BY VISITING THE AUCTIONEERS WEBSITEGUIDE PRICES & RESERVE PRICESGuide PriceAn indication of the seller’s current minimum acceptable price at auction
- As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued
- Both the guide price and the reserve price can be subject to change up to and including the day of the auction
- Reserve PriceThe seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell
- Sutton Kersh Are Pleased To Offer For Sale By Public Auction On : Thursday, 03 April 2025 at
- Virtual Livestream Online Auction
Description
This vacant land in Liverpool has been granted planning permission to build a three-storey, six-bedroom property to be used as a House of Multiple Occupancy (HMO) on an existing car park. The location is ideal for short-term accommodation, with the city center and universities within easy reach. The property is expected to generate a significant income, estimated to be £52,000-£55,000 per annum, although the potential for higher rates from per-night accommodation is also promising. The vendor has advised that the car park contract will end before the sale, and potential buyers are encouraged to make their own inquiries about the availability of main services. The guide price for the property is not disclosed, but interested parties can view the auctioneer's website to place a bid.