Investment Type: BUY-TO-LET
Est. Completion: AVAILABLE
Pure Investor is pleased to offer this one-bedroom, fifth-floor apartment for sale. This spacious apartment is situated in a popular development within the L3 area. Set in the heart of the "10 streets project" the property briefly comprises a communal entrance, lift access to the second floor, hall, and lounge which is open plan with kitchen, bathroom, and double bedroom with fitted wardrobes.
Full Address: Apartment 501, Park Central, 11 Jesse Hartley Way, Liverpool, Merseyside L3 0AY
Key Investment Information
- Purchase Price - £125,000.00
- Leasehold Property - 195 years remaining
- Ground Rent - £250.00 per annum
- Service Charge - £1,256.00 per annum
- Current Rent - £775.00 pcm
- Current Tenant Contract - 6 months (Started 20th August 2023, due to expire 19th Feb 2024). Landlord will work on a rolling contract with the tenant going forward to open up the property to both owner-occupiers and investors.
- Gross Yield - 7.44%
- Expected Rental Income - £850.00 pcm
- Expected Gross Yield - 8.2%
- Current Letting Agent - Central Property Management (Liverpool) LTD
- Monthly Letting Fee - £58.00
CURRENTLY LOOKING TO CASH INVESTORS/BUYERS ONLY.
The property comes with an A1 EWS1 certificate.
Communal Entrance -
Hallway
Lounge - Open plan with kitchen, wooden floor, and double-glazed floor-to-ceiling window
Kitchen - Open plan with lounge, a range of wall and base units, integrated appliances
Bedroom - Double bedroom, fitted wardrobes.
Bathroom - Shower, washing hand basin, and w/c.
The apartment has been granted a privately rented property licence under Central Property Management LTD, so any new buyer would have to continue with CPM as an agent or apply for a new licence if they would like to use someone else.
If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.
Any Questions?
Call: +44 (0) 161 337 3890
Call our team today on +44 (0) 161 337 3890