1A & 1B NEWCOMBE STREET, LIVERPOOL, L6 5AN

ESTIMATED RENTAL VALUE - £18,000 p.a

DEVELOPMENT

WHY BUY?
- Estimated Gross Yield - 26.7%
- Ideal refurbishment project
- Double Glazing
- Planning for 3, two bedroom houses

DESCRIPTION/ LOCATION
A plot of land consisting of a garage, one bedroom flat and a two bedroom flat. The properties have the benefits of double glazing. The site also has planning permission for three, 2 bedroom terraced houses. We estimate the annual rental of three, 2 bedroom terrace house to be in the region of £18,000 per annum and if the current building were refurbished we would expect it to achieve around £12,000 per annum

The property is situated in the north of the city in the Anfield area close to the junction with Breck Road. Within close proximity is Breck Road shopping area, Asda superstore and Liverpool Football Club.

ACCOMMODATION

GROUND FLOOR: Kitchen, Living room, bedroom 1, shower room inc W.C

FIRST FLOOR: Kitchen, living room, bedroom 1, bedroom 2, bathroom inc W.C

Other properties in this street have sold for £82,500