Lisburn Lane, Merseyside L13 1 bed terraced house for sale

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Lisburn Lane, Merseyside L13 1 bed terraced house for sale

Lisburn Lane, 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 commercial property, located in a prime area, is being sold through a modern method of auction sale with a guide price of £120,000 plus a reservation fee. The property is currently tenanted for £750 per month, but will be vacant upon possession, and is estimated to have a commercial rental value of £900 per month for the ground floor unit and £450 per month for the one-bedroom flat above. This could generate a potential annual income of £16,200, providing a 12%+ gross return. The property offers a unique opportunity to convert to residential and commercial mixed use, with a flowing layout and potential for a commercial unit on the ground floor, separate kitchenette and utility, and a one-bedroom flat above. With a council tax band of AE and a PC grade of C, this property presents a fantastic investment opportunity for those looking to generate a strong rental income.