Three spacious flats near Crosby Beach — high yield potential after refurbishment.
Three self-contained flats, each 2 bed, 1 bath
A substantial Victorian mid-terrace converted into three self-contained two-bedroom flats, just a few minutes’ walk from Crosby Beach and Waterloo station. Offered freehold, the building provides generous ceiling heights, bay-window character and off-street parking for several cars — rare for the area. The ground-floor flat has direct access to the rear garden, and each flat is arranged over two storeys, making the layout straightforward for lettings or resale.
This is a clear investment play: the property needs upgrading and refurbishment throughout but promises strong rental yield once works are completed. It sits in a popular coastal location with fast broadband, nearby amenities and a mix of state and independent schools, supporting steady tenant demand. Flood risk is nil.
Buyers should note material drawbacks: the property requires renovation and may need structural and modernisation work; a skip is pictured, suggesting recent or ongoing works. The local area shows signs of deprivation and average crime levels — factors to consider for tenant profile and management. Overall, the building offers sizable post-refurbishment upside for investors prepared to fund and manage refurbishment work.
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