Lot 2 - Wednesday 4th September 2024 -Apartment 910 31 Strand Street, Liverpool, L1 8LP

FOR SALE BY ONLINE AUCTION 4TH SEPTEMBER 2024:

A ninth-floor, studio apartment located in the heart of Liverpool’s busy city centre, opposite the three graces. This is a brilliant investment opportunity as flats in this block rent out quickly in the region of £850 per calendar month to young professionals and students, moving to the city for its brilliant location and city views. This provides a Gross yield of 14.57% at the guide price. The studio itself briefly comprises; an entrance hallway with a three-piece family bathroom suite and open plan kitchen, lounge diner, and bedroom. This compact apartment provides ideal accommodation for a young professional working in the city, in one of the hospitals, or studying in one of Liverpool's many universities or colleges.

ACCOMMODATION
Ground Floor: Entrance Lobby, Concierge.
Ninth floor: hallway, bathroom, kitchen, lounge diner, bedroom area, storage cupboard

LOCATION
West Quay is on The Strand, across the road from the infamous Three Graces and Liverpool’s Royal Albert Dock, as well as Liverpool One Shopping Centre. With James Street Station and Liverpool one bus station, only a few minutes’ walk away this property has great transport links and local amenities with plenty of bars, restaurants, and shops in walking distance, which attracts a steady stream of young professionals and students. Properties in L1 promise high rental demand and strong capital growth potential. This makes it an ideal choice for investors seeking a lucrative return in a dynamic urban setting.
Tenure: Leasehold

Council Tax Band: A

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of the sale price, subject to a minimum of £1800 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the seller's solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.