Studio for sale

Apartment 401 1-10 Devon Street, Liverpool L3

The high standard, welcoming lounge/lobby provides a great social and relaxing space whilst also providing a level of security for prospective tenants. There is a well maintained shared kitchen and living area with cooking utilities and storage paired with a view of some of the famous Liverpool skyline. The room itself ( on the 4th floor ) features an ensuite shower room and has ample room for study space.

The amenities a prospective tenant would have access to includes; a laundry room, a study room, general kitchen, a cinema room, a well-kitted-out gym and a quiet room. Having access to these fantastic amenities adds a unique aspect not all student rooms are going to be able to offer.

Islington Plaza is just a short walk from the city centre as well as universities, meaning on top of those great links it is in close proximity to all the other amenities Liverpool city centre offers from transport to dining:

This property includes:

01 - Bedroom (Double) with Ensuite

A well finished double bedroom with space for study area and wardrobe. Ensuite includes shower, WC and wash hand basin.

The legal pack includes

• Evidence of title

• Standard searches (regulated local authority, water & drainage & environmental)

• Protocol forms and answers to standard conveyancing enquiries

The vendors have opted to provide a legal pack for the sale of their property which includes a set of searches. The legal pack provides upfront the essential documentation that tends to cause or create delays in the transactional process.

The legal pack is available to view in the branch prior to agreeing to purchase the property. The vendor requests that the buyer buys the searches provided in the pack which will be billed at £360 inc VAT upon completion. We will also require any purchasers to sign a buyer's agreement.

Quarterly rental Income : £1752.50

Net Income : £793.68 ( Quarterly )

Management fee 4% plusvat £84.12 ( Quarterly )

Room Management fee: £50.76 ( Quarterly )

Quarterly service charge deduction: £716.87

Ground rent: £101.66 ( Quarterly )

Lease is 250 years from 11/10/2016

No Car Parking spaces available, contact Council for Permit pass if required

Cladding and Fire Risk assessment is under review

Auctioneers Comments:

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).

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.

Bedroom

5.3m x 3m - 17'5” x 9'10”
Accommodates a bed and bedroom furniture. Private ensuite.

Ensuite

1.95m x 1.76m - 6'5” x 5'9”
Shower, wash hand basin and WC

Communal Gym

2 Gym rooms in the Building

Communal Cinema Room

Communal Kitchen