Mags Property are delighted to welcome this block of 9 self-contained apartments (9x1 beds) on Denman Drive in Fairfield, Liverpool. The block is situated next to Newsham park and a variety of local shops and restaurants nearby. Only a 10 minute drive into Liverpool city centre!
The property is fully VACANT and has the potential to achieve £65,000 per annum following refurbishment. Each apartment has separate meters gas and electric and is about 34sqm in size.
Please note the property is currently leasehold with 57 years remaining, the seller has an offer to purchase the freehold and is willing to split the cost evenly with the buyer. The purchase price of the building is £500,000 with an additional £50,000 contribution to freehold cost. The building will be purchased subject to freehold acquisition.
EPCs: D, D, E, C, F, D, C, D, C
Contact us today for a viewing!
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Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer... of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.