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City Point, Great Homer Street, Liverpool

Key features

  • Fabulous Investment Property with Yield
  • Spacious Studio Apartment
  • En-Suite Bathroom
  • Sought After Area
  • Ideal Buy To Let Investment
  • Communal Kitchen/Lounge Area
  • Laundry Room
  • Sold Via Secure Sale, Immediate Exchange of Contracts Avaliable
  • Close to Great Local Amenities, Road Links and Bus Routes
  • Easy Distance to Liverpool Town Centre

Description

Starting Bid Of £10,000 and Being Sold via Secure Sale online bidding at I-Am-Sold Auctions. Terms & Conditions apply.
Martin and Co are delighted to offer this well presented classic studio apartment with en-suite with access to a large well equipped communal kitchen and lounge. In brief the room benefits from being fully furnished with three-quarter beds, wardrobe, desk, TV and Broadband and Wi-Fi. Tenants also benefit from using the on site gym, laundry room and concierge. The property is in walking distance to the university buildings, Library, Royal Liverpool Hospital and the City Centre. This property has an excellent yield of 36%.

LEASEHOLD
Lease years-239 years
Service charge - £2,100 PA
Ground rent- £300 PA
Council tax band - TBC
Rental Income - £129.00 per week

All measurements are approximate and cannot be relied upon for any future purpose and no liability is taken for any errors. 

LOUNGE/BEDROOM 11' 8" x 9' 9" (3.58m x 2.99m) Having radiator, power points and UPVC double glazed window. 

BATHROOM 6' 5" x 2' 10" (1.97m x 0.87m) Having low flush WC, semi-pedestal sink, shower cubicle with shower over, tiled walls and tile effect flooring. 

AUCTIONEERS COMMENTS This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional. 

DISCLAIMER These particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers/tenants and do not constitute an offer or part of a contract. Please note that any services, heating systems or appliances have not been tested and no warranty can be given or implied as to their working order. Prospective purchasers/tenants ought to seek their own professional advice. Please take note the agent has not attended this property for an internal inspection.

All descriptions, dimensions, areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers/tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 
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.
On street
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

City Point, Great Homer Street, Liverpool

Approximate location

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Affordability

Monthly repayments£76
Property: £ 15,000
Deposit: £ 1,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are 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.
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About Martin & Co, Liverpool South

19 Allerton Road, Mossley Hill, Liverpool, L18 1LG
Industry affiliations:

Our approach is all about you! At Martin & Co we have over 25 years experience dealing with property. Whether a landlord, tenant, buyer, seller or and/or an investor, our customers can tailor our Letting and Estate Agency packages to suit their needs. We have just under 200 offices throughout the UK ready to help you let a property, rent a new home, buy or sell. Contact your local Martin & Co office to see how they can help you.

Notes

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Disclaimer - Property reference 100859003313. 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 Martin & Co, Liverpool South. 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 Martin & Co, Liverpool South on 0151 453 2300.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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