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Studio for sale

Simpson Street, Merseyside L1
Chain-free
Studio
1 bath
301 sq ft / 28 sq m
EPC rating: B
Added > 14 days

Key information

TenureLeasehold | 245 yrs left
Ground rent£350 per annum | review period: unconfirmed
Service charge£2,240 per annum
Council taxBand A

Features and description

  • Tenure: Leasehold (245 years remaining)
  • No Onward Chain
  • Investment Opportunity
  • Separate Living Room/Kitchen
  • Three Piece Bathroom
Cash Buyers Only, Located at the heart of the popular Baltic Triangle this studio apartment is a fantastic investment opportunity and is currently tenanted for £725pcm!

The apartment is situated on the first floor and comprises of entrance hall with separate sleeping area, three piece modern shower room, open plan living room/kitchen with appliances. There is a Juliette balcony which offers an outdoor feel, in an indoor space.

The development benefits from 24-hour concierge service, laundry facility and a stunning communal roof terrace, offering breath-taking views of the Liverpool cityscape.

The property is conveniently located the city centre and Liverpool One shopping complex are only a short distance away with local shops, bars, restaurants and cinema.

EPC Grade - B
Council Tax band - A


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

LIV240486/2

Rooms

STUDIO APARTMENT

EXTERNAL/COMMUNAL
Secure communal entrance with fob access, stairs & lift access to all floors, well-kept communal areas.

FIRST FLOOR APARTMENT

Hall
Entrance to the property, bed to the right, access to bathroom & open-plan living room/kitchen.

Living Room/Kitchen 3.542m x 3.288m (11' 7" x 10' 9")
Great sized living space with floor to ceiling windows & Juliette balcony, fitted modern kitchen.

Bedroom 2.8m x 2.051m (9' 2" x 6' 9")
Separate bedroom space to living room with cupboard built-in.

Bathroom 2.155m x 1.956m (7' 1" x 6' 5")
Separate three piece bathroom suite with shower cubicle, toilet & wash basin.

General Info
Lease: 255 years from 01/01/2015 (245 years remaining approx) Service charges: £2,240 per annum (£560 - Per Quarter) Ground rent: £350 per annum Currently let £725pcm - £8,700 per annum = Net return - £6,110

Property information from this agent

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About this agent

Reeds Rains - Liverpool
Reeds Rains - Liverpool
24b North John Street Liverpool L2 9RP
0151 382 8981
Full profileProperty listings
Reeds Rains has over 100 branches across the UK. Established in 1868 Reeds Rains has over 150 years of sales and lettings expertise. The network of local high street branches pride themselves on their professionalism and their no nonsense approach to selling and letting property. Using the best traditional and online methods Reeds Rains focusses on getting the job done.
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