Studio flat for sale

Parker Street Residence, Liverpool, L1

Under Offer £85,000

Property Description

Key features

  • Apartment
  • Residential Opportunity
  • City Centre Development
  • Studio
  • Highly Desirable Location
  • NO CHAIN
  • City Centre Location
  • EPC C
  • 24 Hour Security
  • Video Entry System

Full description

Tenure: Leasehold

Benefit from nearly 7.5% NET YIELD for 5 years (started in March 2018). Large 38m2 Studio in Parker Street Residence. Century 21 Liverpool is delighted to offer to the market a large Studio in an exciting development in the heart of the city centre. Parker Street in L1 is ideally located for all Liverpool City Centre has to offer. Shops, restaurants, bars, and Lime St Station are only minutes walk away. Ideal investment opportunity with a high guaranteed yield.

With a supply shortage of residential property in the city centre of Liverpool we expect this built and income generating studio to sell quickly.

** COMPLETED DEVELOPMENT **

** Benefit from immediate ROI **

Summary:
Fully built and income generating investment
UNIT 4.09 (Apt 40)
4th Floor Studio Apartment
Only £85,000
38m2 in size
Liverpool City Centre location in the heart of the City Shopping area
2 minute walk to Liverpool Lime Street station
5 year rental guarantee of circa 7.5% NET (£6386 per year guaranteed started March 2018)
Offered Fully Managed
Huge demand for city centre rental property
Refurbishment of former ballroom (which hosted the wedding reception of John Lennon)
Ground Rent = £300
ECP C

Please note; the development is residential accommodation, not a Student type pod and investors / owners will own the residential title and are able to sell the unit on the established secondary UK property market at any time. This development will see the landmark former Reece’s Ballroom in Liverpool, which hosted the wedding reception of John Lennon and his first wife, Cynthia, in 1962, brought back to life for buyers of this development.

This property will appeal to the local market of expanding young professionals as well as wealthy, international and local investors. It will also appeal to mature students that want exclusive residential living as opposed to student accommodation. The development is located less than 5 minutes’ walk from Liverpool One and Lime Street Station.

Viewing available upon request.

Please note: Images are example images of various apartments in the development but represent a true likeness of the property for sale.

Please note: The rental guarantee will be assigned prop rata to the new owner from the original Developer PMS agreement from the existing owner. The rental guarantee and management will be handled by Caro Lettings (not Century 21 Liverpool). Please note, in the unlikely event that occupancy levels are lower than expected this amount could vary. Owners are not permitted to use any other rental management company other than Caro Lettings.


Listing History

Added on Rightmove:
19 June 2018

Nearest stations

  • Liverpool Central (0.1 mi)
  • Liverpool Lime Street (0.3 mi)
  • Moorfields (0.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Century 21 Liverpool, Liverpool South

33 Allerton Road, Woolton, Liverpool, L25 7RE

0151 954 0374 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Century 21 Liverpool, Liverpool South

33 Allerton Road, Woolton, Liverpool, L25 7RE

0151 954 0374 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Liverpool Central (0.1 mi)
  • Liverpool Lime Street (0.3 mi)
  • Moorfields (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Century 21 Liverpool, Liverpool South

33 Allerton Road, Woolton, Liverpool, L25 7RE

0151 954 0374 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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