An entire freehold block of 6 self-contained flats (5x 2-bed and 1x 1-bed) in one transaction, fully tenanted and producing £39,600 per annum in gross rent. That income lands from the day of completion with no void to absorb and no lease-up work to fund. All 6 flats are separately metered, on gas central heating with uPVC double glazing, and sit over communal gardens with parking.
At £300,000 the entry price is £95sqft across the 3,162 sqft building, against an area average of £139sqft - 32% below the local benchmark, putting built-in equity into the deal on day one. Because the block holds 6 dwellings it qualifies for commercial-rate Stamp Duty, cutting the SDLT bill to £4,500 and saving tens of thousands versus residential additional-property rates on a transaction of this size.
The block is a 3-storey period conversion 2 minutes from the local railway station, with bus routes into the city centre and a shopping centre nearby - strong, durable tenant demand. All 6 flats are rated EPC C, already clearing the government's proposed minimum-C standard for rented homes, so there is no upgrade cost and no lettability risk. On a 75% refinance the Return on Capital Employed reaches 17.2%, leaving £95,000 in the deal working at £16,380 net per annum. There is also a noted opportunity to build at the rear, subject to planning.
Map centred on the L9 area for general guidance only. The exact address is shared with serious buyers at the appropriate stage.
20 transactions within a 0.11 mile radius, February 2025 to April 2026. Subject size: 3,162 sqft. Area comparables are nearby house sales; a freehold block sold as one lot prices differently from individual sales, so the area figures are indicative context only.
All 6 flats are rated EPC C, valid to 16 May 2033. The block already clears the proposed minimum-C standard for rented homes - an insurance policy against future upgrade cost, and an advantage over D-and-below stock.
Gross income as confirmed on the block. LHA reference rates: Greater Liverpool BRMA, lha-direct.voa.gov.uk, April 2026.
| Property | Date | Price | Type | Sqft | £/sqft |
|---|---|---|---|---|---|
| Semi, L9 | Apr 26 | £360,000 | House (area context) | 2,228 | £162 |
| Semi, L9 | Feb 25 | £340,000 | House (area context) | 2,260 | £150 |
| Terrace, L9 | Oct 25 | £141,000 | House (area context) | 1,098 | £128 |
No like-for-like block or individual-flat sales were recorded in the immediate L9 area over the last 18 months, so local house sales are shown as £/sqft context only - not direct comparables. The subject is sold as a whole freehold block, where pricing differs from single-property sales. A wider flat-specific comparable search is available on request.