12 bedroom block of apartments for sale

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12 bedroom block of apartments for sale

143-145 Derby Road, Kirkdale, Liverpool, Merseyside, L20 8LP
£300,000

Our Summary

  • Guide Price = £300,000+*For Sale By Online PublicAuction 24th April 2025 10:00 AM
  • NoteWe understand that the property was converted into flats without the correct planning permission however they were converted more than 10 years ago and have separate council tax therefore may qualify for established useNotePlanningOpen House Viewings:Viewing Schedule (No Booking Required)Saturday 5 April 2025 12:00 PM - 12:30Saturday 12 April 2025 11:00 AM - 11:30Saturday 19 April 2025 11:00 AM - 11:30AddendumPlease note the rental income per annum is £87,780 and not as originally published

Description

This property is a freehold residential investment comprising 12 self-contained flats, fully let and producing an annual income of £87,840. The property is located on a residential road, close to local shops and amenities, with the open spaces of Bootle South Recreation Ground nearby. The building has a prominent corner position and benefits from a communal courtyard. The flats are arranged over three floors, with five studio flats on the ground floor, four on the first floor, and three on the second floor, each with en-suite and kitchenette facilities. The property is let on Assured Shorthold Tenancies, and the buyer will receive a legal pack containing full copies of the tenancy agreements. The property was converted into flats without planning permission, but has been in use for over 10 years and may qualify for established use. Viewings are available during open house viewings on Saturdays, and the property will be sold by online public auction on April 24th, 2025, at 10:00 AM.