Ref: Lot 4
HIGH YEILD INCOME PRODUCING INVESTMENT
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.
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.
Fully furnished with three-quarter beds, wardrobes, LCD TV and free Broadband and Wi-Fi as well as a desk – and boasting fantastic communal kitchen facilities – there are so many reasons to opt for City Point. But, if the mod-cons aren’t enough to convince you, then the on-site gym, laundry room and on-site concierge might just nudge you in the right direction.
You can do almost everything you need right from the comfort of your student accommodation, and with John Moores University just a short 10-minute walk away and the University of Liverpool a 20 minutes’ walk.
Ground rent is £300 PA
Service charge is £2088.40 PA
Rent is £110 per week for a 51 week year
STRICTLY NO VIEIWNGS
£2000 + VAT
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
01/01/2013
250 years (238 years unexpired)
£300
£2,088
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
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. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.
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