130 MacDonald Street, Liverpool, L15 1EL

Description

This is a unique mixed-use unit in the heart of Wavertree. The ground floor offers an extensive workshop space with facilities, while the upstairs constitutes a nine-bedroom apartment. The property requires some repairs throughout, but purports to be an excellent investment once works are completed. The apartment would serve well as an HMO (subject to the relevant consents), with the expected combined income with the commercial unit reaching circa £74,000pa.

Accommodation

Ground floor – communal entrance with stairs up to flat, office, 2 x WCs, kitchen, access to rear, shutters to delivery space, large warehouse / workshop, additional storage room. First floor – Nine bedrooms, two bathrooms, kitchen, living room.

Location

Located on MacDonald Street in the established Wavertree area of Liverpool, the property is close to local amenities, shops and services. Nearby Smithdown Road offers an extensive range of retail and leisure facilities. The University of Liverpool, Royal Liverpool University Hospital and Liverpool city centre are all within easy reach, while excellent public transport and road links provide convenient access across the city.

Auction Information

Tenure

Freehold. The legal pack is the definitive source for lease length, title, covenants, service charges, ground rent and special conditions.

Council Tax

Band A.

Investment Analysis

Market Comparables

Use recent Land Registry sold evidence and genuinely comparable current/let rental evidence for the same micro-location, accommodation, tenure and condition. Venmore’s stated rents or rental opinions are retained as auctioneer evidence where supplied; HB screening figures are not a formal valuation.

Proposed Works

HB desktop allowance: £28,000. Scope should be confirmed from inspection, photographs, survey and contractor pricing. Prioritise structure, roof/damp, services, heating/electrics, windows, kitchens/bathrooms, decoration and external works only where relevant to this specific property.

Rental Value

Low / Base / High Investment Scenario

Specialist Commercial Analysis

Verify occupational leases, passing rents, rent-review provisions, repairing obligations, VAT status, business rates, service costs and covenant strength. Mixed-use assets should be valued by component and income where appropriate.

Maximum Bid Indicator

Base the maximum bid on verified commercial/residential income and capital value, less buyer fee, works, legal/professional, finance, holding, contingency and required return. SDLT treatment may differ for mixed-use/non-residential purchases and is buyer-specific.

Strategy Recommendation

Income hold or refurbishment/re-letting, with redevelopment only where planning and title support it.

Strategy Rating

Income Hold: ★★★★☆ | Value-Add: ★★★★☆ | Development: ★★★☆☆

Key Risks

Listed-building constraints, legal-pack special conditions, condition/survey, finance and valuation risk.

Analysis Confidence

Medium for facts reproduced from Venmore’s particulars; low-to-medium for HB desktop works/value screens until inspection, legal-pack review, direct sold/rental comparables and contractor/QS pricing are completed.