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9 bed flat
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Our Summary
- Freehold Investment Opportunity Comprising a Block of Apartments
- Strong Rental Yield Potential with Scope for Further Optimisation
- Flat 3 Currently Vacant, Presenting Opportunity for Letting or Value Uplift
- Tenants are currently in situ in flats 4–8, providing immediate income, while flat 3 is vacant, offering an excellent opportunity for letting or value uplift
- Offered with no onward chain, this freehold investment presents strong rental yield potential of circa 7–9% gross, with further scope for income optimisation
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Description
The property is a freehold block of apartments on land adjacent to Brocklebank Lane and Lascelles Road in Allerton. The building is a traditional sandstone construction and lies over two floors, offering nine bedrooms, six bathrooms, and six reception rooms. The flats are all in good condition and include a mix of two and one-bedroom layouts.
The site features a private development setting with dedicated car parking and communal garden areas, with two adjoining bungalows also included in the freehold title.