Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a vacant freehold former HMO with 20 bedrooms and a single one bed flat.
Arranged across first and second floors with access from two separate doors at ground floor level, the property was previously a licensed HMO with 20 bedrooms alongside a single, one bedroom, flat.
Whilst the property was previously a fully licensed HMO, we understand works are required in order to renew this license.
Based on Local Housing Allowance (LHA) rates for the area, we anticipate the property could achieve a rent of £76,284 per annum if fully let, creating an attractive high yielding investment.
The property may also be suitable for conversion to alternative uses, subject to obtaining the requisite consents.
Located on Borough Road, the property is situated in an established residential area, popular with commuters to Liverpool City Centre, with public transport journey times of approximately 20 minutes.
Tenure
Freehold
Notes