Studio flat for sale
Lower Gill Street, Liverpool
studio Flat
Property photos
+5
Property description
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £50,000
We are delighted to present this exceptional studio apartment located in the heart of Liverpool city centre, in the highly sought-after Pembroke Studios. This investment opportunity currently generates an income of £650 per month.
This studio is perfect for both students and professionals. It offers a modern living area, furnished with a double bed, desk, and wardrobe. The stylish kitchen is fully fitted with all appliances. Studio also includes a private en-suite bathroom with a contemporary finish.
The service charge of £225 per month, which conveniently includes all utility bills such as gas, electricity, and water, making this a hassle-free investment.
An attractive feature of this property is the solid tenant already under contract until May 2024, ensuring a consistent cash flow for the immediate future. Offering a strong yield, this property is an ideal investment opportunity for those looking for solid returns in a thriving city.
Situated in Liverpool city centre, the property boasts proximity to a wealth of amenities including shopping centres, restaurants, pubs, and transport links to the rest of the city and beyond.
In summary, this is an incredible opportunity to acquire a high-yielding investment property with a secure tenant in place, located in the pulsating heart of Liverpool.
Viewing is highly recommended to truly appreciate this prime piece of real estate. Contact us today to arrange a viewing or for more information.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Tenure: Leasehold
Service Charge: £2,703.06 per year
We are delighted to present this exceptional studio apartment located in the heart of Liverpool city centre, in the highly sought-after Pembroke Studios. This investment opportunity currently generates an income of £650 per month.
This studio is perfect for both students and professionals. It offers a modern living area, furnished with a double bed, desk, and wardrobe. The stylish kitchen is fully fitted with all appliances. Studio also includes a private en-suite bathroom with a contemporary finish.
The service charge of £225 per month, which conveniently includes all utility bills such as gas, electricity, and water, making this a hassle-free investment.
An attractive feature of this property is the solid tenant already under contract until May 2024, ensuring a consistent cash flow for the immediate future. Offering a strong yield, this property is an ideal investment opportunity for those looking for solid returns in a thriving city.
Situated in Liverpool city centre, the property boasts proximity to a wealth of amenities including shopping centres, restaurants, pubs, and transport links to the rest of the city and beyond.
In summary, this is an incredible opportunity to acquire a high-yielding investment property with a secure tenant in place, located in the pulsating heart of Liverpool.
Viewing is highly recommended to truly appreciate this prime piece of real estate. Contact us today to arrange a viewing or for more information.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Tenure: Leasehold
Service Charge: £2,703.06 per year
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Council tax
First listed
Over a month agoEnergy Performance Certificate
Lower Gill Street, Liverpool
Marketed by
DMS Property - Liverpool 229 Eaton Road Liverpool, Merseyside L12 2AGPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Lower Gill Street, Liverpool - Streetview
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