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Studio apartment for sale
a Liverpool Road North, Burscough
£105,000
a Liverpool Road North, Burscough
£105,000
Our Summary
- TO BE SOLD BY ONLINE AUCTION ON 21ST JANUARY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS
- Freehold vacant commercial premises, currently used as a dance studio, offering an excellent opportunity for conversion into two - two bedroom flats (subject to planning)
- The premises are positioned above the commercial units and wrap around the rear of the building in an L-shape, providing a generous and flexible layout ideal for potential reconfiguration into two self-contained two-bedroom apartments (STPP)
- The owner also benefits from the right of access via the front staircase and use of the external space to the rear, further enhancing the property’s practicality and development potential
- This property offers excellent potential for strong margins and return on investment, making it a highly appealing opportunity for both developers and landlords
- A versatile investment opportunity not to be missed
- Potential For Conversion Into 2 Flats SSTP
- TO BE SOLD BY ONLINE AUCTION
Description
This vacant commercial property, currently used as a dance studio, is being sold by online auction on January 21st, 2026, unless sold prior. The freehold property offers a unique opportunity to convert it into two two-bedroom flats, subject to planning permission. The property features two spacious studios, two toilets, a kitchen, and storage areas, with a flexible layout that can be reconfigured to suit the new use. The sale includes the freehold of the entire building, including the commercial units below, and benefits from access via the front staircase and external space to the rear. With two-bedroom apartments in the area being highly sought after, this property has strong potential for development and rental income, with projected annual rental income of approximately £20,000-£22,000 and a gross yield of around 9%.