1 bed flat for sale

21 Lydia Ann Street, Liverpool L1

Set in Liverpool city centre this beautifully presented one bedroom apartment is a fantastic opportunity for short term lets/Air B&B.

The property comprises of an entrance hallway leading to spacious double bedroom area and on into a lounge/dining/kitchen area with two Juliet balcony. The kitchen benefits from fitted units with contrasting work surfaces and built in appliances. The bathroom has been finished with complementary tiling and a three piece suite compromising a low flush w.c. A pedestal hand wash basin and a shower cubicle.

This development offers a fantastic investment opportunity for short term lets, with a great management company in place, as well as the rental assurance offering a huge 7% net.

Chavasse Apartments is within walking distance of both Liverpool One Shopping, bars restaurants and the vibrant Albert Dock waterfront.

Tenure

Assured rent: £7,980
Ground rent: Included*
Service charge: Included*
Lettings fees: Included
Assured income: £7,980
Assured until: Jun 2022
Assured yield: 7.25%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yield nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

£390.00

Ground Rent Review Period

No review period

Annual Service Charge

£766.00

Service Charge Review Period

No review period

Lease End Date

30/12/2267

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.