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Studio flat for sale
Flat 1, Produce Exchange, 8 Victoria Street, Liverpool
£50,000
Flat 1, Produce Exchange, 8 Victoria Street, Liverpool
£50,000
Our Summary
- If rented by way of a residential let the potential rental income would be approximately £10,200 per annum
- 62 per annumGET READY TO BID BY VISITING THE AUCTIONEERS WEBSITEGUIDE PRICES & RESERVE PRICESGuide PriceAn indication of the seller’s current minimum acceptable price at auction
- As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued
- Both the guide price and the reserve price can be subject to change up to and including the day of the auction
- Reserve PriceThe seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell
Description
This is a first-floor studio apartment located in a period building in the city centre, within walking distance to amenities, transport links, and the Liverpool Waterfront. The property features electric heating, double glazing, lift access, and a secure entry system, making it suitable for either residential investment or short-term lets. With a potential rental income of approximately £10,200 per annum, this property offers a great opportunity for investors. The apartment has an open-plan living room/bedroom/kitchen and a shower room/WC, and comes with a range of amenities including a communal entrance hall, reception, and intercom. The property is leasehold with a ground rent of £397.53 per annum, service charge of £488.51 quarterly, and insurance of £397.62 per annum. With a guide price and reserve price to be determined at auction, this is a unique opportunity for potential buyers to bid on a property with great potential for rental income and capital growth.