Land on the North West Side of Bailey Street, Liverpool, Merseyside, L1 5DP
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Land for sale
Description
**For Sale By Public Auction 7th August 2025 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack**
A Plot of Land Measuring Approximately 80 sq m (861 sq ft). Offered with Planning Permission for the Erection of a Three Storey Six Bedroom Eight Person HMO.
Tenure
Freehold
Location
The land is situated on a residential road close to local shops and amenities and in a good location for per night accommodation. The open spaces of Great George Square are within easy reach. Transport links are provided by Liverpool Lime Street rail station.
Description
The lot comprises a plot of land measuring approximately 80 sq m (861 sq ft).
Note
The site area depicted within the plan in the auction particulars is for indicative purposes only. Additionally, any measurements stated may not be exact. Some or all of the plot may comprise adopted highway land and if the site has trees, there may be Tree Preservation Orders in place. Buyers should rely on their own enquiries with regard to precise measurements, any consents or rights over the land and any possible development potential or alternative uses for this site.
The vendor has advised that the car park contract will end prior to completion.
Once finished the vendor believes the rental income is in the region of £52,000 - £55,000 per annum.
Planning
Liverpool City Council granted the following planning permission (ref: 21F/3351) on 9th August 2023: 'Erection of a three storey, 6-bedroom, 8 person property to be used as a HMO on an existing car park at the corner of Bailey Street and Grenville Street South'.
Open Site
Brochures
Land on the North West Side of Bailey Street, Liverpool, Merseyside, L1 5DP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Liverpool Central Station0.4 miles
- Liverpool Lime Street Station0.6 miles
- James Street Station0.7 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House London, London on 020 7870 6217.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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