Penny Lane,Liverpool, L18

£275,000 ( £63,462 PW) Freehold

Description

Mags Property is thrilled to present this exceptional mixed-use property located on the iconic Penny Lane in the sought-after area of Mossley Hill, Liverpool. This unique opportunity features a commercial unit on the ground floor with a spacious 4/5 bedroom apartment above, making it ideal for a House in Multiple Occupation (HMO) or serviced accommodation.

The commercial unit is currently leased to the popular dessert shop, Dres Deserts, ensuring immediate rental income. The residential accommodation comprises 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 throughout and is sold with no onward chain, making for a quick and easy transaction.

The upper floors are fully vacant and ready for refurbishment. The property has previously operated as a HMO, with the license expiring in January 2024, which can be easily renewed. Post-refurbishment, the property has the potential to generate up to £42,000 per annum in rental income.

Situated on the renowned Penny Lane, a prime tourist attraction and cultural hotspot, this property is in a vibrant and popular area offering excellent amenities and transport links. This is a fantastic investment opportunity in one of Liverpool’s most desirable locations.

For further details regarding the current lease, potential rental income, refurbishment possibilities, or any other inquiries about the property and area, please get in touch. Contact Mags Property today to schedule a viewing and secure this prime property before it’s gone.

Mags Property - Your trusted partner for prime property investments in Liverpool.

Photos

Floorplan

EPC

No EPC chart found

Map & Nearby

Primary

0.20 miles
Dovedale Junior School

Primary

0.20 miles
Dovedale Infant School

Primary

0.25 miles
Greenbank Primary School

Primary

0.33 miles
St Anthony of Padua Catholic Primary School

Secondary

0.36 miles
Liverpool College

Secondary

0.48 miles
The Blue Coat School

Primary

0.72 miles
St Clare's Catholic Primary School

Primary

0.73 miles
Mosspits Lane Primary School

Bus

0.18 miles
Mossley Hill, adj Streath Avenue

Train

0.54 miles
Mossley Hill Rail Station

Property details


Key features

Investor, HMO, Investment Opportunity, No Chain!, Mixed Used, Commercial with Apartment above, Vacant HMO, On the famous Penny Lane!, The Beatles!, Tourist Hotspot in Liverpool, Potential 12% Yield!

Brochure

Contact us

  • Phone: 0151 452 0151
  • Email: hello@magsproperty.co.uk

Information

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.

Mags Property is a trading name of Mags Property Ltd | 56a Penny Lane, Liverpool, L18 1DG | Company Number: 13710638.