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4 bedroom semi-detached houseKnowsley Road, Bootle, L20 5DG

£424,500


228 & 232 Knowsley Road – Investment Property Overview 232 Knowsley Road During 2020–2021, the property was converted from a ground floor retail unit and 2-bedroom apartment into 4 self-contained studio flats and a utility room. Flats 1 and 2 are located on the ground floor, with Flats 3 and 4 on the first floor. Flat 1 – Studio flat: 20 sq m Flat 2 – Studio flat: 15 sq m Flat 3 – Studio flat: 15 sq m Flat 4 – Studio flat: 20 sq m 228 Knowsley Road During the same period, the ground floor retail unit was converted into a 2-bedroom flat, and the upper floor was converted into 3 self-contained studio flats. Flat 2 is arranged as a maisonette. Flat 1 – 2-bedroom flat: 40 sq m Flat 2 – Studio flat (maisonette): 21 sq m Flat 3 – Studio flat: 17 sq m Flat 4 – Studio flat: 15 sq m Utilities Both blocks run entirely on electricity — there is no gas supply to either property. The blocks benefit from 10 separate electricity meters in total. 2 meters serve the landlord's communal areas, supporting the fire alarm system and communal lighting. The remaining 8 meters serve each individual flat separately. Property Structure & Title 228 and 232 Knowsley Road are two attached but separately arranged blocks, both held under a single title deed. This presents a clean and straightforward acquisition of the entire portfolio under one title, making it an attractive opportunity for investors looking for a multi-unit block without the complexity of multiple titles. Rental Income The portfolio currently generates a rental income of £48,000 per annum, providing an established and immediate return for any incoming investor. With 8 individual flats across both blocks, each metered and self-contained, the income stream is well spread across multiple tenancies, reducing void risk.


Address
Knowsley Road, Bootle, L20 5DG
Price
£424,500
Property Type
House
Bedrooms
4
Bathrooms
2
Tenure
Leasehold
  • 4 Bedrooms
  • House
  • Large End Terrace Property
  • Ground Floor Kitchen/ Dining/ Bedroom/ Shower Room
  • Second Floor Three Living/ Shower Rooms
  • Second Floor Shared Fitted Kitchen
  • Close to Local Amenities & Transport Networks
  • Book Viewings Online 24/7

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£300,000

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£4,680
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