******************For Sale By Modern Method Of Auction. VIA AUCTIONEER I AM SOLD 0345 646 0302 *****************
Attention Landlords Investment property for sale offering a potential gross yield of 26% based on guide price of £25,000. current rental income of £550pcm
Acumen Estates are pleased to bring to the sales market this fantastic investment property, comprising of a studio apartment within the heart of Liverpool City Centre.
The studio is currently let at a monthly income of £550.00 making an excellent investment opportunity.
Ground Rent £375.00pa
service charge £150 per month
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the 'Reservation Period'). Interested parties personal data will be shared with the Auctioneer (iamsold). 0345 646 0302
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Tenure: Leasehold
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40-42 East Prescot Road, Knotty Ash, Liverpool, L14 1PW
