1A, 3A, 5A Altway & 134A Ormskirk Road, Aintree, Liverpool, L10 3JG
Offers in Region of
£300,000
£93.43 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,211 sq ft
298 sq m
- SECTOR
Residential development for sale
Key features
- Residential Investment Opportunity
- 2 x 2 bedroom flat & 2 3 bedroom flats
- Generously sized spacious flats
- Currently generating an income of £33,600 per annum
- Gross Initial Yield of 11.2% Net Initial Yield of 8.46%
- Possibility to increase rents subject to refurbishment works
- To be sold on new 250 year long leases at a peppercorn rent
- Offers in the Region of £300,000 exclusive
- May sell individually - Offers in Excess of £75,000 per flat
Description
Location
The subject properties are located above Bleasdale Shopping Centre, which occupies a prominent corner position at the junction of Ormskirk Road (A59) and Oundle Drive in Aintree, approximately 6 miles northeast of Liverpool City Centre. Liverpool is one of the North West's principal commercial centres and is situated around 35 miles west of Manchester, benefiting from excellent road connections via the M58 and M62 motorways, both of which link directly to the wider M6 motorway network.
The properties are well served by public transport, with Old Roan Railway Station positioned directly opposite, providing regular Merseyrail services to Liverpool Central in approximately 20 minutes, as well as connections towards Ormskirk.
The surrounding area is an established retail and leisure destination, with a strong mix of national and independent occupiers nearby including Tesco Express, Domino's Pizza, Sports Direct and Everlast Gyms. Aintree Shopping Park is located within a short walking distance and includes a number of well-known retailers such as B&Q, Marks & Spencer, Boots, Greggs, Halfords, DFS, Pets at Home and Next.
Description
The property comprises four generously sized flats situated above a retail shopping parade, with access provided to the rear of the parade. The accommodation consists of two 2-bedroom flats and two 3-bedroom flats, all arranged over two floors. Each flat offers a fitted kitchen, bathroom, and notably large living room, with the bedrooms positioned on the second floor to provide a practical separation between living and sleeping areas. Although finished to a basic standard throughout, the flats benefit from spacious layouts and well-proportioned rooms, presenting an excellent investment or rental opportunity.
The flats are all currently occupied and produce a gross rental income of £33,600 per annum which reflects a 11.2% Gross Initial Yield and a Net Initial Yield of 8.46%.
Section 13 notices have been served and annual rents are to increase to £8,400 per annum, per flat, from July 2026. Please see current Tenancy Schedule below.
The flats are to be sold long leasehold on 250 year long leases.
Services
The mains services connected to the property to include water, gas, electricity supply and of course, mains drainage. Please note that Turner Westwell Commercial have not tested any of the service installations or appliances connected to the property.
Sale Price & VAT
Offers in the Region £300,000, or Offers in Excess of £75,000 per flat.
VAT is not applicable.
Service Charge
1A Altway - £1,684 per annum
3A Altway - £1,848 per annum
5A Altway - £1,971 per annum
134A Ormskirk Road - £1,889 per annum
To be reviewed annually.
Council Tax
The premises have the following Council Tax rating and charges for the 2026/2027 Financial Year.
1A Altway - Band A - £1,768.96 per annum
3A Altway - Band A - £1,768.96 per annum
5A Altway - Band A - £1,768.96 per annum
134A Ormskirk Road - Band A - £1,768.96 per annum
Anti-Money Laundering (AML)
In accordance with the Criminal Finances Act 2017 and the regulations set by HMRC and RICS, Turner Westwell Commercial Agents must perform AML due diligence for all clients, as well as for buyers and tenants involved in any transaction. This means we will need to gather personal, detailed financial and corporate information before we can finalise any transaction.
Legal Costs
Each party are responsible for their own legal costs involved in the transaction.
EPC
The premises have the following Energy Performance Certificates: -
1A Altway - C(70) - valid until 18th March 2031
3A Altway - C(70) - valid until - valid until 11th April 2031
5A Altway - C(71) - valid until - valid until 11th April 2031
134A Ormskirk Road - C(69) - valid until 11th April 2031
Viewings
Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.
The subject properties are located above Bleasdale Shopping Centre, which occupies a prominent corner position at the junction of Ormskirk Road (A59) and Oundle Drive in Aintree, approximately 6 miles northeast of Liverpool City Centre. Liverpool is one of the North West's principal commercial centres and is situated around 35 miles west of Manchester, benefiting from excellent road connections via the M58 and M62 motorways, both of which link directly to the wider M6 motorway network.
The properties are well served by public transport, with Old Roan Railway Station positioned directly opposite, providing regular Merseyrail services to Liverpool Central in approximately 20 minutes, as well as connections towards Ormskirk.
The surrounding area is an established retail and leisure destination, with a strong mix of national and independent occupiers nearby including Tesco Express, Domino's Pizza, Sports Direct and Everlast Gyms. Aintree Shopping Park is located within a short walking distance and includes a number of well-known retailers such as B&Q, Marks & Spencer, Boots, Greggs, Halfords, DFS, Pets at Home and Next.
Description
The property comprises four generously sized flats situated above a retail shopping parade, with access provided to the rear of the parade. The accommodation consists of two 2-bedroom flats and two 3-bedroom flats, all arranged over two floors. Each flat offers a fitted kitchen, bathroom, and notably large living room, with the bedrooms positioned on the second floor to provide a practical separation between living and sleeping areas. Although finished to a basic standard throughout, the flats benefit from spacious layouts and well-proportioned rooms, presenting an excellent investment or rental opportunity.
The flats are all currently occupied and produce a gross rental income of £33,600 per annum which reflects a 11.2% Gross Initial Yield and a Net Initial Yield of 8.46%.
Section 13 notices have been served and annual rents are to increase to £8,400 per annum, per flat, from July 2026. Please see current Tenancy Schedule below.
The flats are to be sold long leasehold on 250 year long leases.
Services
The mains services connected to the property to include water, gas, electricity supply and of course, mains drainage. Please note that Turner Westwell Commercial have not tested any of the service installations or appliances connected to the property.
Sale Price & VAT
Offers in the Region £300,000, or Offers in Excess of £75,000 per flat.
VAT is not applicable.
Service Charge
1A Altway - £1,684 per annum
3A Altway - £1,848 per annum
5A Altway - £1,971 per annum
134A Ormskirk Road - £1,889 per annum
To be reviewed annually.
Council Tax
The premises have the following Council Tax rating and charges for the 2026/2027 Financial Year.
1A Altway - Band A - £1,768.96 per annum
3A Altway - Band A - £1,768.96 per annum
5A Altway - Band A - £1,768.96 per annum
134A Ormskirk Road - Band A - £1,768.96 per annum
Anti-Money Laundering (AML)
In accordance with the Criminal Finances Act 2017 and the regulations set by HMRC and RICS, Turner Westwell Commercial Agents must perform AML due diligence for all clients, as well as for buyers and tenants involved in any transaction. This means we will need to gather personal, detailed financial and corporate information before we can finalise any transaction.
Legal Costs
Each party are responsible for their own legal costs involved in the transaction.
EPC
The premises have the following Energy Performance Certificates: -
1A Altway - C(70) - valid until 18th March 2031
3A Altway - C(70) - valid until - valid until 11th April 2031
5A Altway - C(71) - valid until - valid until 11th April 2031
134A Ormskirk Road - C(69) - valid until 11th April 2031
Viewings
Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.
Brochures
1A, 3A, 5A Altway & 134A Ormskirk Road, Aintree, Liverpool, L10 3JG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Old Roan Station0.1 miles
- Aintree Station0.9 miles
- Fazakerley Station1.4 miles
About Turner Westwell Commercial Agents, Chorley
St. Georges House, St. Georges Street, Chorley, PR7 2AANotes
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Disclaimer - Property reference 2361FH. 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 Turner Westwell Commercial Agents, Chorley. 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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