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Residential Investment Opportunity
Benefiting From 64 Self-Contained Units
Producing Approximately £210,000 Per Annum
Offers in Excess of £1,750,000 to include the freehold
For Sale - Residential Investment Opportunity
The property is located on Baycliff Road, a well-established residential housing district of West Derby, with good access links to Princess Drive, linking with East Prescot Road towards Alder Hey Hospital. Being close to Croxteth Park, West Derby Golf Club, approximately 5.2 Miles from Liverpool City Centre. There are various local neighborhood shops within close proximity on Baycliff Road, and also a Tesco Superstore, Post Office, and Ladbrokes.
The property provides detached three-storey blocks of 64 self-contained accommodation, built of brick construction with tile pitched roofing and landscaped gardens surrounding the site, a dwarf wall with palisade perimeter boundary, as well as some road side car parking for residents and visitors.
The building consists of: 15 one-bedroom flats 1 four-bedroom managers flat 48 bedsit accomodation
The entire site is held on a long-leasehold interest at a peppercorn rental from the 21st March 1975 on a 75-years with an expiry 21 March 2050. We have been in negotiation with Liverpool City Council to acquire the freehold interest. Further information available upon request.
All of the occupiers are held on Assured Shorthold Tenancy agreements.
Interested parties should make their own enquiry of Liverpool City Council's Rating Department on or .
A full copy of the EPC is available upon request.
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd Tel: / Contact Tom Pearson ()
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own research into the working order of these items. All measurements are approximate and photographs provided for guidance only.
For more information about this property, please contact SK Real Estate, L3 on +44 151 382 7454 * (local rate)
Contact SK Real Estate about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SK Real Estate, and do not constitute property particulars. Please contact SK Real Estate 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.