Terraced house for sale in Great Georges Road, Waterloo, Liverpool L22
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Property features
- Conversion Opportunity
- Permitted Development
- ~£75,000 pa income post conversion
- Potential for up to 8 Flats
- Subject to Planning
- Buyer Fee: 1.95%
- Investor Pack Available
Property description
Description
*We understand this conversion can be carried out under permitted development. Please contact for more information.
Presenting a solid investment opportunity in Liverpool, merseyside, this mixed-use property is priced at £450,000.00 and comes with vacant possession, providing a clear pathway for conversion into a residential asset. Here are the key highlights of this property:
Type of Investment: Conversion Opportunity
Current Configuration: Closed restaurant with vacant flats above
Conversion Potential: Up to 6x 2-bedroom flats and 2x 1-bedroom flats (8 total subject to planning)
Additional Conversion: Potential to convert the basement for additional space or units
Estimated Rental Income Post-Conversion: ~£75,000 per annum
This property's current mixed-use status, coupled with the prospect of converting it into a primarily residential asset, provides a tangible opportunity for investors looking to capitalize on Liverpool's housing demand. The additional potential to convert the basement offers a unique avenue to further maximize the space and income generated from this investment.
With a strategic approach to the conversion, investors can anticipate a steady rental income stream and a valuable addition to their property portfolio.
This property presents a straightforward conversion opportunity in a location with a positive outlook, making it a sensible choice for investors seeking a balanced risk-reward profile in the Liverpool real estate market.
Buyer Fee: 1.95%
More details upon request.
Tenure: Freehold
Property info
For more information about this property, please contact
100 Key Properties, RM11 on +44 20 3641 4369 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by 100 Key Properties, and do not constitute property particulars. Please contact 100 Key Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.