This property has been taken off the market.

1 Bed Flat For Sale Upper Parliament Street, Liverpool, L8

£105,000- Flat

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 8th April 2024

Description

  • Prime Property Auctions is excited to present this exceptional high yielding, 1 bedroom tenanted investment property located within a sought after location in the heart of Liverpool - ***GUIDE PRICE £105,000***
  • ***Flat 1, 198 - 200, Grove Street, Edge Hill, Liverpool, L7 7AL Previously sold for £265,000. Apartment 4, 53 Catherine Street, Liverpool, L8 7NE Previously sold for £250,000. Flat 2, 156, Chatham Street, Liverpool, L7 7BA Previously sold for £234,000***
  • Property is currently tenanted at £945 per calendar month (£11,340 p/a) which provides an impressive 10.8% gross yield based on a guide price of £105,000 - ***HIGH YIELDING INVESTMENT***
  • Sure to appeal to shrewd investors looking for an already let, turnkey investment in a sought after buy to let location with great capital growth potential. 
  • Property is situated within a prime location in Liverpool, close to local amenities such as many popular bars & restaurants.   
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Prime Property Auctions is excited to present this exceptional high yielding, 1 bedroom tenanted investment property located within a sought after location in the heart of Liverpool - ***GUIDE PRICE £105,000*** \r
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Property Comprises: Entrance Hallway, living room, kitchen, bathroom, large double bedroom. Property benefits from ample storage throughout, private parking to the rear, 24 hour CCTV in the building, intercom service and 24 hour building management service. \r
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***PEPPERCORN GROUND RENT****\r
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This property is sure to appeal to investors looking for an immediate cash producing investment opportunity. Property is currently tenanted at £945 per calendar month which produces £11,340 per annum making it an attractive investment at Guide price. Property would produce a fantastic Gross rental yield of 10.8% if achieved for Guide price of £105,000.\r
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Property is situated within a prime location in Liverpool on the entrance to the georgian quarter, only a 2 minutes away from Liverpool Women's hospital and a short 10 minute commute to Liverpool University and Lime Street Station - ***SOUGHT AFTER LOCATION*** \r
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Excellent capital growth potential as shown by sales evidence in the area: \r
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***Flat 1, 198 - 200, Grove Street, Edge Hill, Liverpool, L7 7AL Previously sold for £265,000. Apartment 4, 53 Catherine Street, Liverpool, L8 7NE Previously sold for £250,000. Flat 2, 156, Chatham Street, Liverpool, L7 7BA Previously sold for £234,000***\r
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Turn key High yielding investment property returning an exceptional 10.3% yield.\r
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This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.\r
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This property is offered at a fantastic price to ensure an Auction sale.\r
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The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.\r
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Location:\r
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Liverpool, a vibrant city in the northwest of England, boasts a rich cultural heritage, economic diversity, and historical significance, making it an appealing destination for residents and investors alike. With a thriving economy spanning digital industries, health sciences, and manufacturing, coupled with renowned universities attracting a global student population, Liverpool offers ample economic opportunities. Its cultural landmarks, including the iconic waterfront and cultural institutions, contribute to a vibrant cultural scene. Extensive regeneration projects have revitalized the urban landscape, creating attractive living spaces and investment opportunities. Excellent transport links, affordable property prices, and a high quality of life further enhance Liverpool's appeal, positioning it as a dynamic and desirable city to live and invest in.
Agent Details
Prime Property Auctions Ltd
126 West Regent Street, Glasgow, G2 2RQ

Investment Analysis

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Potential Return-on-Cash Invested