1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Being Sold via Secure Sale online bidding. Terms & Conditions apply.
- Studio Apartment
- Liverpool City Centre
- Currently Generates an income of £650 per month
- Private En-suite Bathroom
This studio is perfect for both students and professionals. It offers a modern living area, furnished with a double bed, desk, and wardrobe. The stylish kitchen is fully fitted with all appliances. Studio also includes a private en-suite bathroom with a contemporary finish.
The service charge of £225 per month, which conveniently includes all utility bills such as gas, electricity, and water, making this a hassle-free investment.
An attractive feature of this property is the solid tenant already under contract until May 2024, ensuring a consistent cash flow for the immediate future. Offering a strong yield of 6.8%, this property is an ideal investment opportunity for those looking for solid returns in a thriving city.
Situated in Liverpool city centre, the property boasts proximity to a wealth of amenities including shopping centres, restaurants, pubs, and transport links to the rest of the city and beyond.
In summary, this is an incredible opportunity to acquire a high-yielding investment property with a secure tenant in place, located in the pulsating heart of Liverpool.
Viewing is highly recommended to truly appreciate this prime piece of real estate. Contact us today to arrange a viewing or for more information.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 243 years remaining
Annual Ground Rent Amount: £500.00
Ground Rent Review Period: £125 per quarter
Annual Service Charge Amount: £2,700.00
Service Charge Review Period: £675 per quarter
Rooms
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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Property reference 437506. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson - North West Auction.
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Broadband availability and predicted speed
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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