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Penny Lane, Liverpool, Merseyside, L18

PROPERTY TYPE

Block of Apartments

BEDROOMS

5

BATHROOMS

1

SIZE

1,582 sq ft

147 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1
1

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

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.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Penny Lane, Liverpool, Merseyside, L18

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About Mags Property, Liverpool

56a Penny Lane, Mossley Hill, Liverpool, L18 1DG
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Mags Property are a Liverpool-based estate agency located on the famous 'Penny Lane' in L18. Our specialty and expertise lies with selling and letting property across Liverpool and providing our clients with a personal service like no other. With our team of valuers all being self-employed, you can be assured we have your best interested at heart and will strive to ensure you achieve the best possible price and are kept up to date following every part of the process from viewing feedback to completion day.

Your mortgage

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Monthly repayments
£1,284
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Disclaimer - Property reference 245. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mags Property, Liverpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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