19 -23 Stanley Street, Liverpool, L1

The Property
**PLEASE NOTE!**

Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

This cash investment opportunity in Liverpool offers an impressive return. Stanley Court is located in a lively area of the city centre, with easy access to shops, bars and restaurants, including the nearby Liverpool ONE shopping centre. This development is perfect for student life in Liverpool, so it is no surprise that the development sees market-leading tenancy rates every academic year.

All the apartments include their own kitchen, bathroom and study area - ideal for tenants looking for their own living space, free from distractions. Residents can also enjoy access to the building's great communal facilities, including an onsite gym and games room. Also benefits for being 1 of only 4 apartment that face the front of the building which include full height and width window letting an abundance of natural light in.


Liverpool is one of the busiest student cities in the UK, boasting a 70,000-strong student population which fuels the demand for purpose-built accommodation. Many of these students cannot be housed in campus accommodation and as such, developments like Stanley Court are in high demand. This development is let and managed by the award-winning and experienced Xenia Lettings which means your investment is in safe hands. Tenanted for immediate income from day one of the investment, this is not an opportunity to be overlooked!

Investors will not find many better located developments than Stanley Court – this is an opportunity not to be missed.
Property Information

Current Rent Per Week: £142.50

Current Contract Value: £6,270.00

Management Fee: 11% + VAT

Lease info: 250 years from 1 January 2015

Specification
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Property Description
Being Sold by GOTO Online Auction

Starting Bids from £23,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks.



Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 16/11/2265

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.