Summary - 193 LINACRE ROAD LIVERPOOL L21 8JS
2 bed 1 bath Not Specified
Turnkey mixed-use asset with immediate income and clear refurbishment potential.
£900 pcm rental income from combined shop and flat
Victorian shop front on active local high street
Freehold address but lease details list only four years remaining
Requires modernization; dated kitchen and signs of damp
Sold by online auction; buyer’s premium and legal fees apply
High local crime and very deprived area may affect demand
No flood risk; excellent mobile signal and fast broadband
Small plot with large overall internal size (approx. 1,414 sqft)
This mixed-use freehold on Linacre Road combines a ground-floor retail unit and a two-bedroom flat above, currently producing £900 pcm with tenants in situ. The building offers immediate income and a prominent Victorian shop front on a busy local high street, making it suitable for investors seeking an operational asset or a buyer prepared to refurbish and re-let.
The property requires updating: the kitchen is dated with signs of damp and missing tiles, and the flat will benefit from modernization. Importantly, there are only four years shown against the lease information. That short lease length is a material concern — many mortgage lenders may refuse to lend and lease extension or cash purchase should be expected.
Other transactional factors: the sale will be conducted by online auction with a buy-it-now option and a non-refundable buyer’s premium and legal pack fees apply. The surrounding area shows high crime and very high deprivation, factors that will influence rental demand and management considerations.
For a buyer who understands the local market, this is a turnkey rental with scope to add value through refurbishment, lease renegotiation, or change of use where permitted. Carrying out legal and structural due diligence and reviewing the full legal pack are essential before bidding.
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