MacDonald Street, Liverpool, Merseyside, L15

This unique mixed-use property is situated in the vibrant heart of Wavertree, offering a blend of commercial and residential spaces. The ground floor features a spacious workshop area equipped with essential facilities, while the first floor comprises a nine-bedroom apartment. Although some repairs are needed throughout, the potential for this property as an investment is significant once renovations are completed. The apartment is well-suited for conversion into a House in Multiple Occupation (HMO), subject to the necessary consents, with an anticipated combined income from both the commercial and residential units reaching approximately £74,000 per annum. The accommodation includes a communal entrance leading to the flat, two WCs, a kitchen, and access to a large warehouse/workshop on the ground floor. The first floor consists of nine bedrooms, two bathrooms, a kitchen, and a living room. Located on MacDonald Street, this property benefits from proximity to local amenities, shops, and services. Smithdown Road is nearby, offering a diverse range of retail and leisure options. Additionally, the University of Liverpool, Royal Liverpool University Hospital, and Liverpool city centre are easily accessible, supported by excellent public transport and road links. This property is offered with freehold tenure and falls within Council Tax Band A. It is important to note that the sale is subject to a Buyer’s Administration Fee of 1% + VAT of the sale price, with a minimum fee of £3,000 + VAT, payable alongside the 10% deposit. Interested buyers should consult the legal pack available for download prior to the auction date.