Offers over
£10,000
Studio for saleCheapside, Liverpool L2
1 bath
Just added
Leasehold
About this property
Buyer fees apply
Being sold by goto reservation fee process
City centre location
Student accommodation
Ideal investment opportunity
Studio apartment
En-suite shower room
Communal lounge/kitchen
Purplebricks are proud to offer this student studio apartment in The Bridewell Building. This is a hands off investment, fully managed by a letting management.
Comprising a double bedroom area and a 3 piece en-suite shower room.
The property benefits from a communal lounge/kitchen area.
The building has a 24 hour concierge service with well presented communal areas a secure post room and a fully equipped gym.
Lease info: 250 years from and including 1 September 2014
With all three of the cities major universities within walking distance from The Bridewell. Liverpool John Moores is home to around 25,000 students and is only 5-10 minutes away, whilst the University of Liverpool and its 30,000 students can be reached in a further 5 minute walk.
The excessive demand for more developments just like The Bridewell stems from the fact that these universities only provide a mere 16% of student beds in Liverpool. With more and more young people selecting Liverpool’s great culture, history and nightlife for their higher education experience, this is leaving around 34,000 students without accommodation.
Although the property is empty ready for sale, it’s reassuring to know that there is always going to be a strong and consistent supply of students to this property. In fact, it boasts a 100% occupancy track record which has been proven since opening. Out of the 6,000 student beds currently being built throughout the city, this one offers the lowest prices, best rental returns and an unrivalled location.
£1299 rental received per quarter
Leasehold Information: 250 years from and including 1 September 2014
Property Description
Material information:
The information above has been provided by the vendor, agent and goto Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
This property is offered for sale using the Reservation fee process. Reservation fee is a new, innovative and pioneering process for buying and selling property. It significantly reduces the risk of gazumping or double-selling by offering security to both parties by gaining a commitment from both parties to buy and sell. When an offer is accepted, the buyer will be required to make payment of a non-refundable Reservation Fee of £1,500 including VAT (in addition to the final negotiated selling price). This will secure the transaction and the property will be taken off the market. The purchaser will not be exchanging contracts but will be given 90 working days in which to complete the transaction, from the date the Draft Contract is received by the buyer’s solicitor (or 10 working days after receipt of the Reservation Fee, whichever is earlier).
The buyer will also be required to pay a legal pack fee of £372 including VAT and to sign the Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Reservation Fee team at goto Group.
Buyer Fees
• The Reservation fee and legal pack fee are in addition to the final negotiated selling price.
• Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.
Property Ownership Information
Tenure
Leasehold
Council Tax Band
B
Annual Ground Rent
No ground rent
Ground Rent Review Period
No review period
Annual Service Charge
No service charge
Service Charge Review Period
No review period
Lease End Date
23/08/2264
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
Comprising a double bedroom area and a 3 piece en-suite shower room.
The property benefits from a communal lounge/kitchen area.
The building has a 24 hour concierge service with well presented communal areas a secure post room and a fully equipped gym.
Lease info: 250 years from and including 1 September 2014
With all three of the cities major universities within walking distance from The Bridewell. Liverpool John Moores is home to around 25,000 students and is only 5-10 minutes away, whilst the University of Liverpool and its 30,000 students can be reached in a further 5 minute walk.
The excessive demand for more developments just like The Bridewell stems from the fact that these universities only provide a mere 16% of student beds in Liverpool. With more and more young people selecting Liverpool’s great culture, history and nightlife for their higher education experience, this is leaving around 34,000 students without accommodation.
Although the property is empty ready for sale, it’s reassuring to know that there is always going to be a strong and consistent supply of students to this property. In fact, it boasts a 100% occupancy track record which has been proven since opening. Out of the 6,000 student beds currently being built throughout the city, this one offers the lowest prices, best rental returns and an unrivalled location.
£1299 rental received per quarter
Leasehold Information: 250 years from and including 1 September 2014
Property Description
Material information:
The information above has been provided by the vendor, agent and goto Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
This property is offered for sale using the Reservation fee process. Reservation fee is a new, innovative and pioneering process for buying and selling property. It significantly reduces the risk of gazumping or double-selling by offering security to both parties by gaining a commitment from both parties to buy and sell. When an offer is accepted, the buyer will be required to make payment of a non-refundable Reservation Fee of £1,500 including VAT (in addition to the final negotiated selling price). This will secure the transaction and the property will be taken off the market. The purchaser will not be exchanging contracts but will be given 90 working days in which to complete the transaction, from the date the Draft Contract is received by the buyer’s solicitor (or 10 working days after receipt of the Reservation Fee, whichever is earlier).
The buyer will also be required to pay a legal pack fee of £372 including VAT and to sign the Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Reservation Fee team at goto Group.
Buyer Fees
• The Reservation fee and legal pack fee are in addition to the final negotiated selling price.
• Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.
Property Ownership Information
Tenure
Leasehold
Council Tax Band
B
Annual Ground Rent
No ground rent
Ground Rent Review Period
No review period
Annual Service Charge
No service charge
Service Charge Review Period
No review period
Lease End Date
23/08/2264
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
Ground rent date of next review
.png){kind=logo}