Unit 127 Jamworks City Point, Great Homer Street, Liverpool, Liverpool, L5 3LE
- PROPERTY TYPE
Studio
- SIZE
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Description
For sale by unconditional online auction on the 12th of February 2025.
Registration is now open, bidding opens on 12th on February at 10:00 and ends on 12th February 2025on February at 12:10
28% NET HIGH YIELD INCOME PRODUCING INVESTMENT
Description
GENERATING A NET INCOME OF £3,332 PER ANNUM = 28% NET YIELD BASED ON GUIDE PRICE
This delightful apartment presents an excellent opportunity to invest in student property. Already tenanted and managed by an experienced management company, it is perfect as a hands off investment generating a steady high rental income.
The apartment provides excellent living space completed to a high standard with quality fitments and tasteful dcor throughout. It comprises a bedroom area with TV, study area as well as an ensuite shower room.
Fully furnished with three-quarter beds, wardrobes, LCD TV and free Broadband and Wi-Fi as well as a desk and boasting fantastic communal kitchen facilities there are so many reasons to opt for City Point. But, if the mod-cons aren't enough to convince you, then the on-site gym, laundry room and on-site concierge might just nudge you in the right direction.
You can do almost everything you need right from the comfort of your student accommodation, and with John Moores University just a short 10-minute walk away and the University of Liverpool a 20 minutes' walk.
Ground rent is £300 PA
Service charge is £2088.40 PA
Rent is £110 per week for a 51 week year
STRICTLY NO VIEIWNGS
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a £2000 + VAT buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Unit 127 Jamworks City Point, Great Homer Street, Liverpool, Liverpool, L5 3LE
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Visit our security centre to find out moreDisclaimer - Property reference 279216. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Town & Country North West, Liverpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Town & Country North West, Liverpool on 0151 453 3527.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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