Fazakerley Street, Liverpool

An exceptional opportunity to acquire a fully refurbished block of 9 luxury apartments in Liverpool city centre, producing £116,400 per annum (approx. 6.5% yield).

The development comprises 8 x two-bedroom and 1 x one-bedroom apartments, all finished to an exceptional, contemporary standard and fully let, providing immediate income. Situated within Liverpool’s prime business district, just off Old Hall Street, the property benefits from strong tenant demand and excellent connectivity.

Design House is situated in the heart of Liverpool’s business district, just off Old Hall Street which had been vacant since 2016 and was previously used as a Leisure Club. The building sits within the Castle Street Conservation Area and so the development works had to be sensitive to the area and in keeping with the council planning constraints. This building was originally part of the American embassy complex before it was knocked down in 1902 to make way for a branch of the Mersey Tunnel which runs directly under the site. The new building was built around 1912 when it appears again on the Gore’s Directory. In its new form it was a cotton warehouse, brewery, leather goods shop and a design and production studio for Littlewood’s catalogue.

Listing details scraped from www.hewittadams.co.uk · refreshed daily · first seen 10 days ago