Studio Flat For Sale, Parker Street Residence, Liverpool L1

Description

***reduced for quick sale to cash buyers only*** Century 21 Liverpool is delighted to offer to the market a large Studio in an exciting development project 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 built and income generating studio to sell quickly.

Energy Performance Rating C.

Summary:
Unit 4.09 (Apt 40)
4th Floor Studio Apartment
Bargain at only - £69,950

38m2 in size

Liverpool City Centre location in the heart of the City Shopping area
5 minute walk to Liverpool Lime Street station
Huge demand for city centre rental property
Refurbishment of former ballroom (which hosted the wedding reception of John Lennon)

Lease = 250 years (started 2015)
Ground Rent = £300 pa
Service Charge = £65.56
Rent = £550 pcm

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). They charge 8%+vat management fee so on £550 rent, you would receive £431.64 per month which is approx 7% 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.

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.

Viewings available but when the apartment is occupied then we would need to show an identical apartment or work around the tenant.

Follow the link for more information:

        
zoopla.co.uk

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Studio Flat For Sale £69,950 Parker Street Residence, Liverpool L1

Studio Flat For Sale £69,950
Parker Street Residence, Liverpool L1