Studio for sale

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £10,000.
*INVESTMENT OPPORTUNITY*
Martin and Co are delighted to offer for sale this one bedroom studio apartment on Stanley Street in Liverpool City Centre. Situated in The City Centre meaning all local amenities are within walking distance. This would be the perfect investment for a first time landlord looking for a simple buy-to-let property, with a current sitting tenant paying over 89% yield.
Leasehold- 241 years
Service Charge- £6,157.96
Ground rent- £295
EPC GRADE = C
All measurements are approximate and cannot be relied upon for any future purpose and no liability is taken for any errors
IMMEDIATE 'EXCHANGE OF CONTRACTS' AVALIABLE / Sold via secure sale. This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties 

HALLWAY Having wood effect flooring, storage cupboard , intercom system, fuse board and electric radiator. 

KITCHEN AREA The kitchen area has a selection of matching wall and base units with worktop over, electric hob inset to worktop with microwave oven housed in unit underneath, extractor hood, stainless steel sink and drainer inset to worktop, power points, part tiled walls and space for under counter fridge/freezer. 

BEDROOM AREA To the bedroom area you have a wall mounted TV, above the built in desk with shelving above for any storage, space for a double bed with built in bedside tables and access to en suite. 

BATHROOM Having a low flush WC, sink with tiled splash back and walk in shower with shower over. 

AUICTIONEERS COMMENTS Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The
Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.