5 bed property for sale

Penny Lane, Liverpool, Merseyside L18

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.