1 bed apartment to buy in L3

2 Lower Gill, Liverpool, Merseyside, L3 5BB

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Online auction

Alternatively call 0191 7371 168 or email northwest@pattinson.co.uk

  • Being Sold via Secure Sale online bidding. Terms & Conditions apply.
  • Studio Apartment
  • Liverpool City Centre
  • Currently Generates an income of £650 per month
  • Private En-suite Bathroom

1 bed apartment to buy in L3

We are delighted to present this exceptional studio apartment located in the heart of Liverpool city centre, in the highly sought-after Pembroke Studios. This investment opportunity currently generates an income of £650 per month.

This studio is perfect for both students and professionals. It offers a modern living area, furnished with a double bed, desk, and wardrobe. The stylish kitchen is fully fitted with all appliances. Studio also includes a private en-suite bathroom with a contemporary finish.

The service charge of £225 per month, which conveniently includes all utility bills such as gas, electricity, and water, making this a hassle-free investment.

An attractive feature of this property is the solid tenant already under contract until May 2024, ensuring a consistent cash flow for the immediate future. Offering a strong yield of 6.8%, this property is an ideal investment opportunity for those looking for solid returns in a thriving city.

Situated in Liverpool city centre, the property boasts proximity to a wealth of amenities including shopping centres, restaurants, pubs, and transport links to the rest of the city and beyond.

In summary, this is an incredible opportunity to acquire a high-yielding investment property with a secure tenant in place, located in the pulsating heart of Liverpool.

Viewing is highly recommended to truly appreciate this prime piece of real estate. Contact us today to arrange a viewing or for more information.

Summary

  • Property Type: Apartment
  • Bedrooms: 1
  • Receptions: 0
  • Tenure: Leasehold
  • Central Heating: Community Scheme
  • Parking: None

Floor plan

Floor plan
EPC for 1 bed apartment to buy in L3

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. 

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,000 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

 

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