Pure Investor is pleased to offer for sale, this one bedroom, fith floor apartment. This spacious apartment is situated in a popular development within the L3 area. Set in the heart of the "10 streets project" the property briefly comprises; Communal entrance, lift access to second floor, hall, lounge which is open plan with kitchen, bathroom and double bedroom with fitted wardrobes. Full Address: Apartment 501, Park Central, 11 Jesse Hartley Way, Liverpool, Merseyside L3 0AY CURRENTLY LOOKING TO CASH INVESTORS/BUYERS ONLY. Property comes with a A1 EWS1 certifcate. Early viewing advised - call to book your viewing Communal Entrance - Hall - Lounge - Open plan with kitchen, wooden floor and double glazed floor to ceiling window Kitchen - Open plan with lounge, a range of wall and base units, integrated appliances Bedroom - Double bedroom, fitted wardrobes. Bathroom - Shower, washing hand basein and w/c. Investment Information
- Purchase Price - £145,000
- Leashold Property - 195 years remaining
- Ground Rent - £250 per annum
- Service Charge - £1,256 per annum
- Current Rent - £775 pcm
- Current Tenant Contract - 6 months (Started 20th August 2023, due to expire 19th Feb 2024). Landlord will work on a rolling contract with the tenant going forward to open up the property to both owner occupiers and investors who
- Gross Yield - 6.4%
- Net Yield - 5.4% Expected Rental Income - £850pcm
- Expected Gross Yield - 7.0%
- Expected Net Yield - 6.0% Current Letting Agent - Central Property Management (Liverpool)LTD
- Monthly Letting Fee - £58
- The apartment has been granted a private rented property license under Central Property Management LTD, so any new buyer would have to continue with them as an agent or apply for a new license if they would like to use someone else.