Studio for sale

2 Great Homer Street, Liverpool L5

** Student Investment Property **

This delightful apartment presents an excellent opportunity to invest in student property. Already tenanted and managed by an experienced management company, it is perfect as a hands off investment generating a steady high rental income.

Please note the property is tenanted until 14th June 2025

The apartment provides excellent living space completed to a high standard with quality fitments and tasteful décor throughout. It comprises a bedroom area with TV, study area as well as an en-suite shower room.

The property benefits from key fob entry, lifts to all floors, Wi-Fi throughout the building, 24 hour security/concierge, postal area, fully equipped gym, communal kitchen/lounge area, laundry room.

The property is close to local universities, amenities and excellent transport links being ideally situated with great links to Liverpool, Manchester and beyond.

Viewing is essential to appreciate the standard of the accommodation on offer.

Ground rent - £300 per annum
Service charge - £1,044.20 fixed. Payment frequency - Quarterly. Review period - Yearly
Management fee - 10%
Tenanted

Lease info: 250 years less 3 days from and including 1 January 2013

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

£250.00

Ground Rent Review Period

No review period

Annual Service Charge

No service charge

Service Charge Review Period

No review period

Lease End Date

01/01/2550

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.