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£80,000

Studio for sale

Parker Street Residence, Liverpool, L1

£80,000

Studio for sale

Parker Street Residence, Liverpool, L1

Description

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Property features

  • Highly Desirable Location
  • Apartment
  • Residential Opportunity
  • City Centre Development
  • Studio
  • NO CHAIN
  • City Centre Location
  • EPC C
  • 24 Hour Security
  • Video Entry System

Nearest stations

Liverpool Central (0.1mi.)
Liverpool Central Loop Line (0.1mi.)
Liverpool Lime Street (0.2mi.)

Nearest schools

school icon  Pleasant Street Primary School (0.3mi.)
Good
school icon  St Vincent de Paul Catholic Primary School (0.4mi.)
Outstanding
school icon  FORO College (0.4mi.)
noop

Property description

***NEW INSTRUCTION***. Large 38m2 Studio in Parker Street Residence. Century 21 Liverpool is delighted to offer to the market a large Studio in an exciting development in the heart of the city centre. Parker Street in L1 is ideally located for all Liverpool City Centre has to offer. Shops, restaurants, bars, and Lime St Station are only minutes walk away. Ideal investment opportunity with a high guaranteed yield.

With a supply shortage of residential property in the city centre of Liverpool we expect this built and income generating studio to sell quickly.

** COMPLETED DEVELOPMENT **

** Benefit from immediate ROI **

Summary:
Fully built and income generating investment
UNIT 4.09 (Apt 40)
4th Floor Studio Apartment
BARGAIN AT ONLY - £80,000
38m2 in size
Liverpool City Centre location in the heart of the City Shopping area
2 minute walk to Liverpool Lime Street station
5 year rental guarantee of circa 7.5% NET (£6386 per year guaranteed started March 2018)
Offered Fully Managed
Huge demand for city centre rental property
Refurbishment of former ballroom (which hosted the wedding reception of John Lennon)
Ground Rent = £300
ECP C

Please note; the development is residential accommodation, not a Student type pod and investors / owners will own the residential title and are able to sell the unit on the established secondary UK property market at any time. This development will see the landmark former Reece’s Ballroom in Liverpool, which hosted the wedding reception of John Lennon and his first wife, Cynthia, in 1962, brought back to life for buyers of this development.

This property will appeal to the local market of expanding young professionals as well as wealthy, international and local investors. It will also appeal to mature students that want exclusive residential living as opposed to student accommodation. The development is located less than 5 minutes’ walk from Liverpool One and Lime Street Station.

Viewing available upon request.

Please note: Images are example images of various apartments in the development but represent a true likeness of the property for sale.

Please note: The rental guarantee will be assigned prop rata to the new owner from the original Developer PMS agreement from the existing owner. The rental guarantee and management will be handled by Caro Lettings (not Century 21 Liverpool). Please note, in the unlikely event that occupancy levels are lower than expected this amount could vary. Owners are not permitted to use any other rental management company other than Caro Lettings.

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Map

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Floor plans

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Call 0151 382 8423

DISCLAIMER

Property reference 1199. 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. This property advertisement does not constitute property particulars. The information is provided and maintained by Century 21 - Liverpool South. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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