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Studio
0151 382 8423
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Studio
0 bed
bath
Key information
Tenure: Leasehold
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Property description & features
- Tenure: Leasehold
- Well Presented
- Laundry Room
- Highly Desirable Location
- Apartment
- Residential Opportunity
- City Centre Development
- Studio
- NO CHAIN
- City Centre Location
- EPC C
*FOR SALE BY CONDITIONAL ONLINE AUCTION* in partnership with SDL Auctions
Full terms and conditions are available on the SDL Auctions website.
Century 21 Liverpool is delighted to offer to the market a top floor Studio Apartment in Parker St Residence in the heart of Liverpool 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 low cost residential opportunity - an ideal base in the very centre of the city.
This is a fantastic opportunity to purchase a Studio apartment in a very centrally located development. Ideal for a young professional, student, post grad or as a base if you work outside of the city. With Lime Street station on minutes away, it provides a great base for easy access around the country.
This property will appeal to the local market of expanding young professionals. 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 from Liverpool One, Lime Street Station and University buildings.
The property can also be purchased as a buy to let investment. However it currently offered with vacant possession.
CASH BUYERS ONLY (due to the m2 size of the unit)
Energy Performance Rating C.
* VIDEO TOUR AVAILABLE *
Summary:
Apt 85 (top floor)
7th Floor Studio Apartment
Low asking price
Lift to all floors
26.3m2 in size (due to the unit size, a mortgage will not be possible - cash buyers only)
Liverpool City Centre location in the heart of the City Shopping area
5 minutes from Liverpool Lime Street station
Refurbishment of former ballroom (which hosted the wedding reception of John Lennon)
NO CHAIN
Lease = 250 years (2015)
Ground Rent = £300 pa
Service Charge = £62.12 pa
Expected rental return = £550-575 per month
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) or you can self manage / choose a local estate agent.
From the above figures, we would estimate a NET return of approx 7.4% NET (allowing for a management fee of 8%+vat)
Auction Method
The auction for this property be conducted online through our online-bidding platform. This is a Timed Auction, so there are will no other lots being sold alongside this property.
The timeslot for the auction is displayed on SDL Auctions' website. To view this, search for the property via their website, then click onto the property to view the property details. The time remaining to bid, and end date of the auction, is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions' Buyers Terms (England & Wales) which are available to read on SDL Auctions' website.
Auction type - Conditional with Reservation Fee
If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 40 business days within which to exchange contracts and complete the sale, unless the Special Conditions of Sale contained within the Legal Pack specify a different time limit. If you fail to do so, you may lose your reservation fee. During the 40-business day reservation period, the seller is not able to accept other offers.
Auction Fees
The following non-refundable fees apply:
• Reservation Fee- payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Reservation Fee is subject always to a minimum of £6,000 (including VAT). The Reservation Fee does not contribute to the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller's discretion, not on the instruction of SDL Auctions, and will be in addition to any fees payable to us. SDL Auctions has limited control over the content of the Special Conditions of Sale.
Deposit
This property is listed under the Conditional with Reservation Fee sale method, therefore the deposit will be payable on exchange of contracts and executed via the solicitors. The amount to be paid will be listed in the Special Conditions of Sale.
Payment Method
When you register to bid, you will be prompted to provide your payment details to SDL Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Reservation Fee. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
• Reservation fee of £7,200 – calculated as 4.8% of guide price - this will be charged immediately after the auction if you are the winning bidder.
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
• £960 for Reservation Fee shortfall (£8160 due as 4.8% of actual purchase price)
Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Auctions' website, and click onto the property to view the property details. There will be a sub-heading Legal Documents. Underneath this, you will be prompted to Log in to view the legal documents. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Registration Process
To register to bid on the property, search for the lot on SDL Auctions' website. Click onto the property, follow the link to Log in/register to bid, and you will then be directed to create an account with the online-bidding platform provider, EIG.
Full terms and conditions are available on the SDL Auctions website.
Century 21 Liverpool is delighted to offer to the market a top floor Studio Apartment in Parker St Residence in the heart of Liverpool 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 low cost residential opportunity - an ideal base in the very centre of the city.
This is a fantastic opportunity to purchase a Studio apartment in a very centrally located development. Ideal for a young professional, student, post grad or as a base if you work outside of the city. With Lime Street station on minutes away, it provides a great base for easy access around the country.
This property will appeal to the local market of expanding young professionals. 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 from Liverpool One, Lime Street Station and University buildings.
The property can also be purchased as a buy to let investment. However it currently offered with vacant possession.
CASH BUYERS ONLY (due to the m2 size of the unit)
Energy Performance Rating C.
* VIDEO TOUR AVAILABLE *
Summary:
Apt 85 (top floor)
7th Floor Studio Apartment
Low asking price
Lift to all floors
26.3m2 in size (due to the unit size, a mortgage will not be possible - cash buyers only)
Liverpool City Centre location in the heart of the City Shopping area
5 minutes from Liverpool Lime Street station
Refurbishment of former ballroom (which hosted the wedding reception of John Lennon)
NO CHAIN
Lease = 250 years (2015)
Ground Rent = £300 pa
Service Charge = £62.12 pa
Expected rental return = £550-575 per month
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) or you can self manage / choose a local estate agent.
From the above figures, we would estimate a NET return of approx 7.4% NET (allowing for a management fee of 8%+vat)
Auction Method
The auction for this property be conducted online through our online-bidding platform. This is a Timed Auction, so there are will no other lots being sold alongside this property.
The timeslot for the auction is displayed on SDL Auctions' website. To view this, search for the property via their website, then click onto the property to view the property details. The time remaining to bid, and end date of the auction, is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions' Buyers Terms (England & Wales) which are available to read on SDL Auctions' website.
Auction type - Conditional with Reservation Fee
If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 40 business days within which to exchange contracts and complete the sale, unless the Special Conditions of Sale contained within the Legal Pack specify a different time limit. If you fail to do so, you may lose your reservation fee. During the 40-business day reservation period, the seller is not able to accept other offers.
Auction Fees
The following non-refundable fees apply:
• Reservation Fee- payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Reservation Fee is subject always to a minimum of £6,000 (including VAT). The Reservation Fee does not contribute to the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller's discretion, not on the instruction of SDL Auctions, and will be in addition to any fees payable to us. SDL Auctions has limited control over the content of the Special Conditions of Sale.
Deposit
This property is listed under the Conditional with Reservation Fee sale method, therefore the deposit will be payable on exchange of contracts and executed via the solicitors. The amount to be paid will be listed in the Special Conditions of Sale.
Payment Method
When you register to bid, you will be prompted to provide your payment details to SDL Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Reservation Fee. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
• Reservation fee of £7,200 – calculated as 4.8% of guide price - this will be charged immediately after the auction if you are the winning bidder.
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
• £960 for Reservation Fee shortfall (£8160 due as 4.8% of actual purchase price)
Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Auctions' website, and click onto the property to view the property details. There will be a sub-heading Legal Documents. Underneath this, you will be prompted to Log in to view the legal documents. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Registration Process
To register to bid on the property, search for the lot on SDL Auctions' website. Click onto the property, follow the link to Log in/register to bid, and you will then be directed to create an account with the online-bidding platform provider, EIG.
Places of interest
Dan Pennington and Ian Ambrose are delighted to represent Century 21 in the South Liverpool area. Located in Woolton Village, Century 21 Liverpool South offers property consultancy and independent advice regarding buying, selling, investing in, or letting property. The owners and management staff are all property professionals, experienced in property investment, property management and sales. The management team is able to offer true independent, helpful, personal, and professional advice combined with a high level of service. With a wealth of experience and knowledge, as well as a huge amount of passion for the business, the owners, who run the business each day, aim to ensure that all clients receive the very best service levels from the dedicated sales and management team. We are results driven and have a hard work ethic. We believe in being honest and our integrity is of the upmost importance. We will strive to get you the result you want whether that is a sale, purchase or a let.
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*DISCLAIMER
Property reference 2228. 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 Century 21 - Liverpool South.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.