Summary - 94A, SOUTH ROAD L22 0LY
1 bed 1 bath Commercial Property
Part-let income now with clear scope to increase returns by letting void flats.
Freehold mixed-use parade with retail, leisure and three apartments
A substantial freehold mixed-use parade on South Road, Waterloo, offering immediate rental income and clear scope for value uplift. The building houses two occupied ground-floor retail units, a well-regarded dance studio and three self-contained upper-floor apartments (one 1-bed let, two 2-beds vacant). Current income is secure with a total rent of £48,200 pa and an estimated fully-let income of c. £63,200–£63,800 pa.
The property’s Victorian brick facade, large glazed shopfronts and three-storey layout suit a durable tenant mix of retail, leisure and residential. Its prominent trading position on a busy thoroughfare delivers good footfall, kerbside parking and excellent local transport and amenity links — attractive to local occupiers and investors seeking steady demand.
Notable positives include freehold ownership, a large overall size (c. 5,606 sq ft), established occupiers and potential to increase yield by letting and/or refurbishing the two vacant flats. The estimated fully-let gross yield is approximately 9.1–9.2% at the guide price, presenting immediate cashflow with medium-term upside.
Be candid about the local context: the area is described as very deprived with higher crime levels, which can affect rental levels and tenant churn. Some residential units are void and will require marketing and possible minor refurbishment to achieve the projected fully-let income. Investors should allow for letting costs, short void periods and routine maintenance despite the property being in generally good condition.
10 bedroom mixed use property for sale in Great Georges Road, Liverpool, Merseyside, L22 — £425,000 • 10 bed • 6 bath • 8500 ft²
Commercial property for sale in Aigburth Road, Aigburth, L17 — £250,000 • 1 bed • 1 bath • 1918 ft²
6 bedroom end of terrace house for sale in Sandheys Avenue, Liverpool, Merseyside, L22 — £310,000 • 6 bed • 1 bath • 2839 ft²
Commercial property for sale in 45 - 47 London Street, Southport, Merseyside, PR9 — £425,000 • 1 bed • 1 bath • 1544 ft²
2 bedroom apartment for sale in Walmer Road, Waterloo, L22 — £135,000 • 2 bed • 2 bath • 710 ft²
Commercial property for sale in Stuart Road, Liverpool, L22 — £120,000 • 1 bed • 1 bath
