Quarry Close, Old Swan, Liverpool, Merseyside, L13
- PROPERTY TYPE
Maisonette
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Description
1 Bedroom Maisonette for Sale
5A Quarry Close, Old Swan, Liverpool, L13 7HU
Property Summary
A standout investment or first-time buyer project situated on a quiet cul-de-sac in Old Swan. Offered with vacant possession and no onward chain, this one-bedroom maisonette benefits from an extraordinarily rare set of tenure terms: an impressive 957-year lease, £0 ground rent, £0 service charges, and no third-party management company.
Operating essentially like a commonhold setup, ownership includes everything from the first-floor joists up (including the roof), plus the entire rear garden space. The ground floor flat holds a right of way to park on the paved driveway area and contributes 50% toward its ongoing maintenance. While requiring internal refurbishment, the property offers tremendous value-add potential with a projected rental income of £800 pcm (£9,600 per annum).
Key Features
Vacant Possession & No Chain: Ready for immediate works and swift completion.
Ultra-Long Lease: Approx. 957 years remaining (Freeholder: Liverpool City Council).
Zero Ongoing Fees: £0 Ground Rent and £0 Service Charge.
Full Rear Garden Included: Complete ownership of the entire rear garden space belonging to this half of the building.
Clear Driveway & Parking Terms: The ground floor flat has parking rights on the paved driveway and is legally obligated to contribute 50% toward the maintenance of this shared area.
Direct Structure Ownership: Demise includes everything from the first-floor joists upwards, including full ownership and responsibility for the roof.
Independent Management: No external management company; formal resolution path directly via the Freeholder (LCC Section 146) if required.
High-Yield Potential: Estimated post-refurbishment rental value of £800 PCM / £9,600 PA.
Full Description
The Opportunity
5A Quarry Close offers a rare combination of independence and investment upside. Perfect for experienced landlords or hands-on first-time buyers, the property provides the peace of mind of low overheads alongside a clean slate to modernize and add equity.
Garden, Driveway & Parking Arrangements
Rear Garden: This maisonette includes full ownership of the entire rear garden for this side of the semi-detached building.
Driveway & Parking: The property includes the paved driveway area. The ground floor flat retains a right of way to park one vehicle on the paved area, with a binding agreement that they must contribute 50% towards the cost of maintaining this dedicated parking zone.
Tenure & Structure Highlights
This property functions with maximum autonomy and minimal red tape:
Demise: Includes all structure from the first-floor joists up, encompassing the entire roof space.
No Management Company: Leaseholders manage the building informally between themselves, with a clear fallback option to consult the Freeholder (Liverpool City Council via s.146) if formal decisions are ever required.
Insurance: Arranged directly by the leaseholder (noting the Freeholder's interest).
Ground Rent & Service Charge: £0 payable.
Refurbishment & Investment Potential
The interior requires cosmetic refurbishment throughout, allowing an incoming buyer to customize finishes to high modern standards. Demand for well-maintained 1-bedroom homes in Old Swan remains strong, with projected achievable rents around £800 per calendar month, delivering an exceptional gross yield.
Location
Located just off Prescot Road in Old Swan (L13), the property is ideally placed for local retail, supermarkets, and eateries, with quick transport connections into Liverpool City Centre and easy access to the M62 motorway.
Overview & Tenure Info
Tenure: Leasehold (957 Years Remaining)
Freeholder: Liverpool City Council
Ground Rent & Service Charge: £0.00
Estimated Rent: £800 PCM (£9,600 PA)
Council Tax Band: A
Chain Status: Vacant Possession / No Chain
- 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.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Quarry Close, Old Swan, Liverpool, Merseyside, L13
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