5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

INVESTMENT PROPERTY - 5x1 Bedroom apartments within Georgian Mansion Block
£630,000

Price History

Initial price £650,000
06/09/24 £630,000
Price Change -3.08%

Description

This is a rare opportunity to purchase a magnificent Grade II listed Georgian Mansion Block in Wavertree, Liverpool. The detached building has been tastefully divided into 5 spacious self-contained one-bedroom apartments, each with original features and finished to a high standard. The apartments are currently let on ASTs, generating a total annual income of £42,660, with a gross yield of 6.77%. The property has potential for further development, including an additional apartment in the basement and potential for additional units, subject to planning permissions. The apartments are bright and airy, with luxurious finishes, high ceilings, and large sash windows. The property is located in a quiet area, close to major transport links, Liverpool City Centre, and with plenty of green space nearby. The area offers a range of amenities, including schools, parks, and shopping centers, making it an ideal location for investors and homeowners alike.