This property is not currently available. It may be sold or temporarily removed from the market.

One Wolstenholme Square, City Centre

£60,000 Guide Price

  • Ref: 11400171
  • Type: Studio
  • Availability: Sold STC
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Leasehold
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Property Features

  • City Centre Apartment
  • The lease is 255 years from 1st January 2015 therefore having just under 250 years remaining.
  • 323sqft
  • Studio room
  • let on an Assured Shorthold Tenancy to a professional tenant paying £525 per calendar month / £6,300 per annum
  • council tax band A
  • EPC rating B

Property Summary




Spacious studio flat in modern development next to Liverpool One in Liverpool city centre producing a rental income of £6,300 per annum from a professional tenant. Great investment close to all local amenities.


 




 Situation & Description


 


This long leasehold studio flat (not a student 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 to a professional 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.


 


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 30th March at 4:30pm (bidding opens on Tuesday 29th March at 12pm)


 


All interested parties who wish to bid, please contact us 0151 294 3232. 



 


 


Please note that a Buyer’s 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 MISDESCRIPTIONS ACT 1991

"The Agent has not tested any apparatus, equipment, fixture, fittings or services, and so does not verify they are in working order, fit for their purpose, or within ownership of the sellers, therefore the buyer must assume the information given is incorrect. Neither has the Agent checked the legal documentation to verify legal status of the property or the validity of any guarantee. A buyer must assume the information is incorrect, until it has been verified by their own solicitors."



"The measurements supplied are for general guidance, and as such must be considered as incorrect. A buyer is advised to re-check the measurements themselves before committing themselves to any expense."



"Nothing concerning the type of construction or the condition of the structure is to be implied from the photograph of the property."



"The sales particulars may change in the course of time, and any interested party is advised to make final inspection of the property prior to exchange of contracts".



MISREPRESENTATION ACT 1967

"These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or to commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.



If any interested party wishes to rely upon any information from the agent, then a request should be made and specific written confirmation can be provided. The Agent will not be responsible for any verbal statement made by any member of staff, as only a specific written confirmation should be relied upon. The Agent will not be responsible for any loss other than when specific written confirmation has been requested."