Situation & Description
This long leasehold studio flat (not a student flat) is situated on the sixth floor of this modern development and is within walking distance of Liverpool One shopping centre and Liverpool Central station offering a wide range of amenities including cafes, bars, restaurants, independent and High Street retailers. The Royal Liverpool University Hospital and Royal Albert Dock are also within close proximity to the flat.
This sixth floor flat extends to 323sqft and is let on an Assured Shorthold Tenancy to a professional tenant paying £525 per calendar month, this would be the equivalent of £6,300 per annum or a gross yield of 10.5% if purchased at the guide price of £60,000.
The flat consists of: Studio room with open plan kitchen/living/dining room with sleeping area and separate wet room.
The lease is 255 years from 1st January 2015 thus having just under 250 years remaining.
Copies of the lease and service charge schedule will be contained with the Legal Pack.
The lot is to be sold by online auction on Friday 20th May at 6pm
All interested parties who wish to bid, please contact My Auction on 0207 101 4868
Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer (subject to a minimum fee of £2,400 inc.VAT).
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.