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, available with no onward chain, offers a unique opportunity to convert to a mixed-use residential and commercial space. Currently tenanted for £750 per month, the property has a potential annual income of £16,200, representing a 12%+ gross return. The property comprises a commercial unit on the ground floor, a kitchenette and utility, and a separate one-bedroom flat above, which can be accessed via stairs. With a potential rental value of £900 per month for the commercial unit and £450 per month for the flat, the property presents a lucrative investment opportunity. The property is freehold and has a council tax band of AE and a PC grade of C. Interested parties can view, offer, or bid on the property, with their information shared with the auctioneer, I Am Sold.