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Studio, in Cheapside, £35,000
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Studio

Cheapside, Liverpool, L2
Auction
£35,000
-53.3%

Price History

Initial price £75,000
Oct 11, 2024 £70,000
Dec 4, 2024 £45,000
Dec 28, 2024 £40,000
Jan 17, 2025 £35,000
Price Change -53.3%

Our Summary

  • Being sold by GOTO online auction
  • Investment Opportunity
  • An excellent investment opportunity offering a gross yield of 10
  • Service charge £1000 per annum Lease info: 250 years from and including 1 September 2014 This property is for sale by Online Auction
  • The Online Modern Method of Auction is a flexible buyer friendly method of purchase

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Description

This investment opportunity in Liverpool City Centre's Bridewell offers a gross yield of 10.6%, making it an attractive choice for investors. The property is a room and en-suite within a shared apartment of up to 16 people, with communal kitchen and living space, as well as a large courtyard and a gym in the basement. The building is popular with students due to its excellent location near Liverpool's universities and attractions.

The property is being sold by online auction, with a lease that runs for 250 years from September 2014, and an annual service charge of £1000. Early viewings are recommended to take advantage of this opportunity.