Land for saleLand adjacent to 60 Kremlin Drive, Liverpool
For Sale by Auction 12th February 2020
Planning permission granted
4 x 2 bedroom flats
Good rental & sale area
Ideal small development
This is an opportunity to purchase a small parcel of land that has been granted planning permission to build a four storey building providing 4 x 2 bedroom flats. Should the property be developed to a good standard then the development value could be in the region of £400,000 should each individual flat be sold for £100,000. Alternatively if retained as an investment, if each flat was to be rented for £550pcm, then the total annual income would be £26,400pa.
Full plans are available on request or can be found on Liverpool City Council Planning using Application number: 19F/0107
The property is accessed from Queens Drive mid way between Tuebrook, Old Swan and West Derby. There are numerous shops, bars and restaurants on nearby West Derby Road. Liverpool City Centre is only 4 miles away with regular public transport links close by.
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1250 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.
More information from this agent
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