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Studio

Studio

Description

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Property features

  • Tenure: Leasehold

Nearest stations

Liverpool Central (0.1mi.)
Liverpool Lime Street (0.2mi.)
Liverpool Lime Street Low Level (0.3mi.)

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  Holy Cross Catholic Primary School (0.5mi.)
Good

Property description

Century 21 Liverpool is delighted to offer to the market a studio apartment in an exciting ALREADY BUILT & INCOME GENERATING 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 supply shortage of residential property in the city centre of Liverpool we expect this studio apartment to sell quickly. The apartment is priced very well and with the shortage we expect plenty of opportunity for capital growth. In the past year, the average 1 bed has seen a price increase of 8.81% and the 2 beds of 3.96%. Liverpool has also run out of letting stock for the 6th consecutive year!

This unit is on the 4th floor and has views towards the Liver Building.

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.

Summary:

UNIT 4.07 (Apt 38)

4th Floor Studio Apartment

Asking price of £85,000

35.5m2 in size

NO CHAIN

Lease = 250 years (started 2015)

Ground Rent = £300 pa

Service Charge = approx £90-100 per month (varies depending on the size of the unit).

If you wish to rent out the property there is the option to opt into a rental scheme via the designated lettings company (Caro Lettings). You would received approx 5-6% NET return when the property is tenanted. Alternatively, you can chose to use the apartment yourself, or self-manage / instruct a local agent of your choice.

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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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Contact Century 21 - Liverpool South about Studio £85,000

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