Land for sale

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Land for sale

Land On The North West Side Of Bailey Street, Liverpool
£150,000

Price History

Initial price £175,000
07/03/25 £160,000
27/03/25 £150,000
Price Change -14.29%

Description

This vacant land in Liverpool has been granted planning permission to build a three-storey, six-bedroom property to be used as a House of Multiple Occupancy (HMO) on an existing car park. The location is ideal for short-term accommodation, with the city center and universities within easy reach. The property is expected to generate a significant income, estimated to be £52,000-£55,000 per annum, although the potential for higher rates from per-night accommodation is also promising. The vendor has advised that the car park contract will end before the sale, and potential buyers are encouraged to make their own inquiries about the availability of main services. The guide price for the property is not disclosed, but interested parties can view the auctioneer's website to place a bid.