Unit 117 City Point 2 Great Homer Street, Liverpool, L5 3LE
- Conditional Online Sale
- Offers in Excess of : £35,000
GOTO GROUP PRESENT THIS STUDENT APARTMENT IN LIVERPOOL - L5
Tenure
LEASEHOLD
Description
** Student Investment Property **
This delightful first floor 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.
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 ensuite 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
Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
EPC Rating
CURRENT 77/87 POTENTIAL
Comments
This property is offered for sale via the Reservation Fee Service which is a flexible and buyer friendly method of purchase. The purchaser will be given 90 working days in which to complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Merchant may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Merchant authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Merchant.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £1,500 including VAT and a legal pack charge of £372 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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