Capitol Buildings, 10 Seaview Road, Liscard. Lot TBC, £675,000 – Starting Bid
Edward Mellor Property Auctions is proud to offer a rare opportunity to acquire a substantial mixed-use freehold investment occupying a prominent corner position on Seaview Road and Liscard Village, Wallasey.
The listing consists of TEN self-contained flats and THREE retail units in the Liscard, within the Metropolitan Borough of Wirral, Merseyside.
The property extends across the full parade of buildings from Number 2 Seaview Road to Number 24 Seaview Road, comprising an eclectic range of three ground-floor retail units with ten residential flats above.
With several reliable let properties on offer in a single location, this lot represents an excellent investment opportunity for the right buyer.
It is rare to find such an expansive, turn-key investment that can start generating income right away.
However, with six one-bedroom and four two-bedroom flats all fully let on ASTs, producing £64,920, savvy landlords are presented with an option of expanding their portfolio quickly and easily.
The lot’s three commercial units, Nos. 18, 20 and 22, are also currently let, generating a further rental income of £19,800 per annum.
These rents combine to produce a total gross income of approximately £84,720 per annum. Based on the guide price of £675,000, this represents a strong gross yield of around 12%.
The building forms a complete corner block in a well-established mixed-use area with strong rental demand from both residential and commercial tenants.
Contact Edward Mellor Property Auctions today for your chance to take advantage of this high-yielding mixed-use freehold investment with clear potential for rental and capital growth through future management and improvement.
This truly is an excellent opportunity for investors seeking a multi-income freehold offering long-term stability and growth potential, close to Liscard town centre and local amenities.
To find out more, simply view the full listing using the link below. Alternatively, feel free to contact our friendly team on 0161 532 7856.
All ASTs and tenancy documentation are fully up to date, with all compliance certificates and safety checks held on file. The property has been professionally and consistently managed for a number of years, offering buyers confidence in both income stability and tenant retention.
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