No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

Studio

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Studio
0 bed
1 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Studio Apartment
  • Central Location
  • Investment Opportunity
  • Current Tenanted
Wolstenholme Square
Spacious studio flat in modern development next to Liverpool One in Liverpool city centre producing a rental income of £6,300 per annum. Great investment close to all local amenities.
Situation & Description

This long leasehold studio flat is situated on the sixth floor of this modern development and is within walking distance of Liverpool One shopping centre and Liverpool Central station offering a wide range of amenities including cafes, bars, restaurants, independent and High Street retailers. The Royal Liverpool University Hospital and Royal Albert Dock are also within close proximity to the flat.

This sixth floor flat extends to 323sqft and is let on an Assured Shorthold Tenancy with the tenant paying £525 per calendar month, this would be the equivalent of £6,300 per annum or a gross yield of 10.5% if purchased at the guide price of £60,000.

The flat consists of: Studio room with open plan kitchen/living/dining room with sleeping area and separate wet room.

The lease is 255 years from 1st January 2015 thus having just under 250 years remaining with a ground rent of £350 per annum and a service charge of £1,300 per annum.

Copies of the lease and service charge schedule will be contained with the Legal Pack.

Auction Details
The lot is to be sold by online auction on Wednesday 17th March at 4:00pm (bidding opens on Tuesday 16th March at 12pm)

All interested parties who wish to bid, please contact My Auction on[use Contact Agent Button]

Please note that a Buyers Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer (subject to a minimum fee of £2,400 inc.VAT).

Property information from this agent

Places of interest

    Established in 2000 – the original specialist in city centre living in Liverpool. Owner managed business fully independent – not part of a corporate chain! Directors and management team with over 100 years of estate agency experience. Unrivalled knowledge, expertise and experience from a true city centre specialist! The expert and market leader in new homes/apartment sales. We sell more properties annually in Liverpool City Centre (L1, L2, L3) than any other company and have sold thousands of apartments in the city during the last 20+ years We are fully regulated/members of all the leading industry professional bodies including: ARLA Propertymark – the UK’s foremost professional/regulatory body for letting agents. NAEA Propertymark – the UK’s leading professional body for estate agency personnel. TPOS The Property Ombudsman – the UK’s leading body for property dispute resolution. TDS Tenancy Deposit Scheme – is the leading UK deposit protection provider.

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    Property reference 30405044. 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 City Residential - Liverpool.

    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.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.