**Standout Features:**
- Freehold block with mixed-use potential: ground floor commercial unit and two 2-bedroom apartments above
- Auction sale starting on May 29th with a guide price of £225,000
- Strong rental yield opportunity with potential for ongoing tenancy discussions
- Well-connected urban location with excellent mobile and broadband capabilities
**Notable Concerns:**
- Requires renovations to maximize investment potential
- High crime rate in the local area may raise safety concerns
- Limited square footage (625 sq ft) may restrict usability for certain buyer needs
Discover a unique investment opportunity with this freehold mixed-use block at 461 West Derby Road. This Victorian-style property includes a ground floor commercial space and two sizable 2-bedroom apartments above, making it ideal for investors seeking strong rental yields in an urban setting. With a guide price of £225,000 and the flexibility to discuss ongoing tenancy arrangements, this property promises substantial ROI potential.
While the commercial unit and residential apartments are ripe for renovation, further improvements could enhance livability and attract quality tenants. The location offers easy access to local amenities and transport, although prospective buyers should note the area's high crime rate. Sold via auction starting May 29th, this is a compelling opportunity for savvy investors or those seeking a project with future potential. Don’t miss out on the chance to transform this property into a lucrative addition to your portfolio!
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