5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Penny Lane, Liverpool L18
£275,000

Price History

Initial price £300,000
15/08/24 £275,000
Price Change -8.33%

Description

Mags Property presents a unique mixed-use property on Penny Lane in Mossley Hill, Liverpool, featuring a commercial unit on the ground floor and a spacious 4/5 bedroom apartment above. The commercial unit is currently leased to a popular dessert shop, generating immediate rental income. The residential accommodation has two double bedrooms, a lounge, kitchen area, and a family-sized bathroom on the first floor, with three additional bedrooms on the second floor. The property benefits from gas central heating and is sold with no onward chain, making for a quick and easy transaction. The upper floors are fully vacant and ready for refurbishment, with potential to generate up to £42,000 per annum in rental income. Situated on a prime tourist attraction and cultural hotspot, this property offers excellent amenities and transport links, making it a fantastic investment opportunity in one of Liverpool's most desirable locations.