Modern recently refurbished building housing two bars and two apartments available for purchase immediately.
This property has the potential to house in excess of 15 ensuite rooms which could easily be rented out for £70pppw inc bills subject to planning and conversion. If all rooms rented out on based on 15 rooms the property should bring in £54,600 in rental income alone.
Can be purchased vacant if required.
Building currently consists of basement bar, ground floor bar, two bedroom apartment first floor and three bedroom apartment second floor.
All are currently rented out but leases can be cancelled upon completion should vacant possession be required.
Property was purchased some four years ago and developed by current owners to a high standard in order to attract the better clientele.
Viewing is essential in order to appreciate the full working of the building and see the huge potential. See floorplans to appreciate the scale of the building.
More and more properties are being converted to HMOs in order to capitalise on the current market conditions within the public rental sector.
Investments totaling £150m are set to reinvent Birkenhead according to the Liverpool Echo and Wirral Council leader Phil Davies.
Now is the time to invest in Birkenhead and be part of the capital growth that is expected in the following years as a result Peel's Wirral Waters scheme.
Call Rob at LPS to discuss the property further and to arrange a site visit.