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No longer on the market

This property is no longer on the market

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EPC (Contains public sector information licensed under the Open Government Licence v3.0.)

10 bedroom block of apartments

Auction
Block of apartments
10 beds
699
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Block of flats for sale
  • Modern method of auction
  • 6 flats on one title
  • Parking for 10 cars
  • Option to extend into annexxed garage
  • Vacant posession potentially available
  • Sought after location
FOR SALE VIA MODERN METHOD OF AUCTION VIA HOWSOLD

Nestled in the desirable area of Sefton Park, Greenbank Drive presents an exceptional opportunity to acquire a block of flats within a splendid Victorian villa. Converted in 2005, this impressive property encompasses six larger-than-average apartments, comprising four two-bedroom and two one-bedroom units, all boasting solid oak flooring and secondary glazing for added comfort.

This freehold property is under a single title, offering the potential for commercial classification under Stamp Duty Land Tax (SDLT). Alternatively, it can be divided into six separate titles, providing flexibility for future investment strategies. The current gross income stands at an attractive £61,200 per annum, with the potential to increase to £70,000, yielding an impressive 8%.

The property features a car park accommodating up to ten vehicles, ensuring ample parking for residents and guests. A communal garden at the rear offers a tranquil outdoor space for relaxation, while a communal cellar provides convenient storage options for all tenants. Additionally, there is an annexe currently used for storage, which has planning permission to be converted into a three-bedroom flat, enhancing the property's appeal and potential rental income.

Situated close to the vibrant amenities of Smithdown Road, as well as the picturesque Sefton Park and Greenbank Park, this location is ideal for those seeking a blend of urban convenience and natural beauty. With an Energy Performance Certificate rating of C or D, this property not only offers a lucrative investment opportunity but also aligns with modern energy efficiency standards.

In summary, this block of flats on Greenbank Drive is a remarkable investment opportunity, combining spacious living, excellent income potential, and a prime location in one of Liverpool's most sought-after areas.

Important Information for Buyers:
Mortgage Buyers: Those considering a mortgage should thoroughly assess the property with their lender before placing a bid.
Buyer Costs: A Buyer Information Pack is available and must be reviewed before bidding. The winning bidder will be charged £300 (including VAT) for this pack.
A Reservation Fee of 4.5% of the final purchase price (minimum £6,600 including VAT) is payable by the winning bidder. This fee is non-refundable and secures the property for the buyer during the Reservation Period. The Reservation Fee is separate from the purchase price but is considered when calculating Stamp Duty Land Tax (SDLT).
Additional Services: The estate agent or auctioneer may recommend third-party services. If a buyer chooses to use these, the agent or auctioneer may receive a commission from the provider.

Buyers should ensure they understand the auction terms before proceeding.

Property information from this agent

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About this agent

Hunters - Liverpool
Hunters - Liverpool
107 Mount Pleasant Liverpool L3 5TB
0151 382 7828
Full profileProperty listings
If you are looking to buy, sell or let a property in Liverpool you have come to the right place.Hunters Estate Agents & Lettings Agents Liverpool have grown to be one of the most trusted in Liverpool. Properties offer a wide range of city living from modern water front apartments, including Georgian townhouses through to Victorian terraces. As experts in sales and lettings for Liverpool city centre, the Hunters Liverpool branch offers a full range of services including free valuations.  As part of the wider Hunters network, one of the fastest growing franchised estate agents in the UK, Hunters focus on excellent customer service has resulted in more than half its business coming from referrals, and 96% of its clients saying they are happy with the service provided*; compared with an industry average of 73%. Hunters Estate Agents and Letting Agents Liverpool have lots of great properties for sale and we know that there is high demand from tenants.  We work really hard to ensure we match tenants with fantastic properties that meet their needs. The rental market in Liverpool is extremely buoyant and we work closely with big employers along with the universities as they bring lots of tenants to the City.  This means it’s a great time to invest in rental property.  There are lots of investment opportunities for landlords offering safe returns and high capital values.
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