1 bedroom apartment

Pure Investor is pleased to offer for sale, this one bedroom, fifth floor apartment. This spacious apartment is situated in a popular development within the L3 area. Set in the heart of the "10 streets project" the property briefly comprises; Communal entrance, lift access to second floor, hall, lounge which is open plan with kitchen, bathroom and double bedroom with fitted wardrobes.

Full Address: Apartment 501, Park Central, 11 Jesse Hartley Way, Liverpool, Merseyside L3 0AY

CURRENTLY LOOKING TO CASH INVESTORS/BUYERS ONLY.

Property comes with a A1 EWS1 certificate.

Communal Entrance

Hall

Lounge - Open plan with kitchen, wooden floor and double glazed floor to ceiling window

Kitchen - Open plan with lounge, a range of wall and base units, integrated appliances

Bedroom - Double bedroom, fitted wardrobes.

Bathroom - Shower, washing hand basin and w/c.

Investment Information

- Purchase Price - £133,000

- Leasehold Property - 195 years remaining

- Ground Rent - £250 per annum

- Service Charge - £1,256 per annum

- Current Rent - £775 pcm

- Current Tenant Contract - 6 months (Started 20th August 2023, due to expire 19th Feb 2024). Landlord will work on a rolling contract with the tenant going forward to open up the property to both owner occupiers and investors who

- Gross Yield - 6.9%

- Expected Rental Income - £850pcm

- Expected Gross Yield - 7.6%

- Current Letting Agent - Central Property Management (Liverpool)LTD

- Monthly Letting Fee - £58

- The apartment has been granted a private rented property license under Central Property Management LTD, so any new buyer would have to continue with them as an agent or apply for a new license if they would like to use someone else.