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Studio Flat For Sale £59,950
Parker Street, Liverpool, Merseyside L1


Description
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 & sold with vacant possession
Lease = 250 years (2015)
Ground Rent = £300 pa
Service Charge = £62.12 pcm
Expected rental return = £550 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 8.5% net (allowing for a management fee of 8%+vat)

Follow the link for more information:
        
zoopla.co.uk

  
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