Mossley Hill apartments plot for sale
Sutton Kersh said there will be 114 lots going under the hammer at its first auction of 2014, due to be held in Liverpool on 12 February.
Highlights include Birch House, a period property in Green Lane, Mossley Hill, offered with planning permission to demolish the existing property and erect nine three-bedroom apartments. There is also the potential to submit a revised planning application for detached or mews properties. The guide price is £650,000 plus.
A restaurant investment in Allerton Road, producing income of £26,500 a year is guided at £225,000 plus, a potential return of nearly 12%.
Elsewhere, a property in Smithdown Road comprising a takeaway and restaurant to the ground floor and residential accommodation to the upper floors, generating annual income of over £23,500, has a guide of £160,000.
Other lots include two tenanted family homes on Woolton Road in South Liverpool. Numbers 451 and 483 Woolton Road are let on Assured Shorthold Tenancies, producing £1,500/month and £15,000/year, respectively. The guide prices in both cases are £250,000 plus.
Liverpool City Council is also hoping to dispose of a former Police Station on Anfield Road, which has a guide of £150,000. Following refurbishment it could be suitable for residential conversion, subject to consents.
