We take pride in our ability to do three simple things exceptionally well: sales, lettings, and management. Our passion for property and in-depth knowledge of the local market enable us to deliver exceptional levels of service to our clients. Whether you are looking to sell your property, find your dream home, or invest in the property market, our team is here to help you every step of the way.

Mags Property - Liverpool

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.

Property reference 245. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Mags Property - Liverpool.

 OnTheMarket may have applied supplementary data to this property listing, including:

 Broadband availability and predicted speed: obtained from Ofcom on March 1, 2022

 Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

 Basic: Up to 30 Mbit/s 
 Super-fast: Between 30 Mbit/s and 300 Mbit/s 
 Ultra-fast: Over 300 Mbit/s

 The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: <a href="https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2">https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2</a>

 Mobile phone signal availability and predicted strength: obtained from Ofcom on March 1, 2022

 Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

 Clear: No bars, no signal predicted 
 Red: One bar, reliable signal unlikely 
 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
 Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

 Energy Performance data and Internal floor area: obtained on March 24, 2020 from 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.

 Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See <a href="https://www.onthemarket.com/terms/#other">here</a> for more information.

DISCLAIMER

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.

Call rate information

Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.

Tenure

If you do not know the Council Tax band you will not know how much you need to pay.

Council tax

If you don't know the type of utilities which the property has, there may be additional costs, for example an adequate broadband connection may not be available.

Broadband

If you don't know the type of utilities which the property has, there may be additional costs, for example adequate mobile reception may not be available.

Mobile signal

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

Knowing the nature of your heating supply is important as there may be additional considerations, for example if the property is not connected to the mains gas line and has an LPG heating system.

Heating

Knowing the nature of your electricity supply is important as there may be additional considerations, for example if the property is not connected to the national grid and has a generator instead.

Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

Sewerage

Property & houses for sale in Mossley Hill

Block of apartments for sale in Liverpool

Yes, very worried

Yes, slightly concerned

No, I’m sure it will be fine

No, I have a mortgage Agreement in Principle already

No, because I don’t need a mortgage to buy a property

I’ve not thought about it yet

Within the next 3 months

Within the next 6 months

Within the next 9 months

Within the next 12 months

Block of apartments on Penny Lane for sale

5 bedroom block of apartments for sale

Dovedale Community Primary School

Formerly Church & Mossley Hill Children Centre

St Anthony of Padua Catholic Primary School

I am a first-time buyer

I have a property to sell

I have a property to let

I am an investor

I have recently sold

Other

Martin & Co - Liverpool South

4 bedroom terraced house for sale

Venmore - Allerton

6 bedroom terraced house for sale

ASAP

Within 3 months

3-6 months

More than 6 months time

Not sure

Mossley Hill

West Allerton

Wavertree Technology Park

Mags Property are delighted to welcome this investment opportunity on the famous Penny Lane, Mossley Hill. Commercial unit with vacant 5 bedroom HMO above. Potential 12% yield!

5 bedroom block of apartments for sale

Key information

Features and description

About this agent

Similar properties

See more properties like this