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1 bedroom terraced house for sale
Lisburn Lane, Liverpool, Merseyside, L13
£120,000
Lisburn Lane, Liverpool, Merseyside, L13
£120,000
Our Summary
- Modern Method of Auction Sale - Guide Price £120,000 + Reservation feeDelighted to offer with no onward chain, this freehold commercial property with scope to convert to residential and commercial mixed use
- The property offers flowing to the first floor with potential for a commercial unit on the ground floor a separate kitchenette and utility
- This method of auction requires both
Description
This freehold commercial property, with no onward chain, offers a unique opportunity to convert to residential and commercial mixed use. The property is currently tenanted for £750 per month, but will be vacant upon possession, and is estimated to be worth £900 per month for the commercial unit and £450 per month for the separate one-bedroom flat above. This would bring in a potential annual income of £16,200, making for a 12%+ gross return. The property has a flowing layout, with potential for a commercial unit on the ground floor and a separate kitchenette and utility. The property also features a communal rear yard and stairs leading to the first-floor flat, which includes a kitchen, living room, bedroom, and bathroom. With a council tax band of AE and a PC Grade of C, this property presents a lucrative investment opportunity for those looking to generate a high return on investment.