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No longer on the market

This property is no longer on the market

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Studio

Auction
Sold STC
Studio
1 bath
Added > 14 days

Key information

TenureLeasehold
Council taxBand A
Mobile signal
EEO2ThreeVodafone

Features and description

Video tours

FOR SALE BY ONLINE AUCTION 4TH SEPTEMBER 2024:

Venmore Auctions bring to the market this studio apartment in Wolstenholme Square. Currently tenanted, with a rental income of £650 pcm, however a Section 13 notice has been issued with the rent increasing to £675 pcm from 27th August 2024. At the increased rental the property brings in a net yield of 12.81% at the guide price.

The property is accessed via a secure communal entrance hall with intercom entry system, lift and stairs to all floor. Upon entering the apartment, you are greeted by a welcoming entrance hall which provides access to a generous lounge/kitchen with integrated appliances, double bedroom and a modern three-piece shower room. The apartment also benefits from a balcony, offering a view over Wolstenholme Square.

ACCOMMODATION
Ground Floor: Entrance Lobby, Concierge, communal wash facilities, garbage room
Third Floor: Communal Hallway, Studio Apartment: Modern Kitchenette, Comfortable Living Space, Bathroom, and a Balcony.

LOCATION
Located in L1, the area boasts a stunning variety of amenities making this ideal for an investor looking for a great rental opportunity. Liverpool City Centre boasts a fantastic variety of shops, bars, restaurants, cafes and recreational facilities. Green space can be enjoyed close by at Chevasse Park and the world-Famous Albert Dock and River Mersey are just a short walk away.

Tenure: Leasehold

Council Tax Band: A

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1800 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.

About this agent

Venmore - Auctions
Venmore - Auctions
8 – 10 Allerton Road Allerton, Liverpool L18 1LN
0151 382 7869
Full profileProperty listings
Venmore is a fully independent firm of estate agents with offices located in Liverpool City Centre and Allerton.
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