Studio flat for sale

TO BE SOLD BY ONLINE AUCTION ON 12TH NOVEMBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS65A Liverpool Road North, Burscough, L40 0SAFreehold vacant commercial premises, currently used as a dance studio, offering an excellent opportunity for conversion into two - two bedroom flats (subject to planning).The property comprises two spacious studios, together with two toilets, a kitchen, two storage areas, and long connecting hallways. The premises are positioned above the commercial units and wrap around the rear of the building in an L-shape, providing a generous and flexible layout ideal for potential reconfiguration into two self-contained two-bedroom apartments (STPP).The sale includes the freehold of the entire building, including freehold of all of the commercial units below. The owner also benefits from the right of access via the front staircase and use of the external space to the rear, further enhancing the property’s practicality and development potential.*VIRTUAL VIEWING AVAILABLE*Two-bedroom apartments in the Burscough area remain highly sought after by both investors and owner-occupiers, achieving strong sales and rental figures. Comparable properties nearby have sold for £160,000–£185,000, with rental values typically around £800–£900 per calendar month.Once converted, the combined end value could comfortably reach £325,000–£360,000, or alternatively generate a projected annual rental income of approximately £20,000–£22,000, representing a healthy gross yield of around 9%. This property offers excellent potential for strong margins and return on investment, making it a highly appealing opportunity for both developers and landlords.A versatile investment opportunity not to be missed.