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Land for sale

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Land for sale

Land On The North West Side Of Bailey Street, Liverpool
£125,000

Our Summary

  • Vacant Land benefitting from planning permission to erect a three storey, 6-bedroom, 8 person property to be used as a HMO on an existing car park at the corner of Bailey Street and GrenvilleStreet South and is in a good location for per night accomodation
  • Once finished the potential rental income is approx £52,000-£55,000 per annum however the per night accommodation could be much higher
  • SituatedOn the Corner Of Bailey Street And Grenville Street South approx 1/2 mile from Liverpool City Centre and within easy reach of Universities with good transport linksGET READY TO BID BY VISITING THE AUCTIONEERS WEBSITEGUIDE PRICES & RESERVE PRICESGuide PriceAn indication of the seller’s current minimum acceptable price at auction
  • As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued
  • Both the guide price and the reserve price can be subject to change up to and including the day of the auction
  • Reserve PriceThe seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell
  • Sutton Kersh Are Pleased To Offer For Sale By Public Auction On : Tuesday, 20 May 2025 at
  • Virtual Livestream Online Auction

Description

This vacant land has planning permission to build a three-story, six-bedroom property to be used as a House of Multiple Occupancy (HMO) on a car park at the corner of Bailey Street and Grenville Street South. The location is ideal for short-term accommodation, with easy access to Liverpool City Centre and universities. The property is expected to generate a rental income of around £52,000-£55,000 per annum, although the potential for per-night accommodation is higher. The car park contract is set to expire before the sale, and the guide price is between £X and £Y, with a reserve price not disclosed. The property is ready for bidding, and interested parties can visit the auctioneer's website to learn more and place a bid.