Modern Method of Auction
Auction date not yet published
Studio flat · L3 8HA
For saleListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £24,000.
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.
Fantastic and very spacious apartment in the highly sought after Islington Plaza, close to great local amenities, road links, easy distance to the Riverside, universities and within walking distance to the City Centre.
An outstanding apartment for a home as well as a great Investment opportunity. Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £24,000.
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.
A wonderful deluxe student pod set in the sought after Islington Plaza which 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, shopping to dining and located in the heart of Liverpool's student district just a stone's throw away from University of Liverpool, Liverpool John Moores and Hope City Campus and the Royal University Hospital.
The property has some wonderful communal spaces such as lounges with games tables, Laundry room, media rooms, study areas, fully equipped gym and Pilates studio.
All of the studios are fitted with power showers, a study desk, a large bed, ample storage and unlimited access to high-speed Wi-Fi.
Residents living in cluster en suite rooms will enjoy a fully fitted communal kitchen and living area.
A great investment for the discerning landlord as the city of Liverpool itself is a UK buy-to-let hotspot for good reason.
The economy is booming, the population is growing at an impressive rate and the universities are world class institutions which attract students from around the world, all of whom are looking for high quality rental accommodation, making now a fantastic time to invest in Liverpool!
Leasehold EPC grade = tbc Service Charge - tbc Ground Rent - tbc Financial Breakdown Rent: £ tbc Yield: Tbc No Car Parking spaces available, contact Council for Permit pass if required lounge area 17' 8" x 9' 10" (5.38m x 3m) An inviting lounge area having wood effect flooring, radiator, power points, open plan to the study and bedroom area and great sized UPVC double glazed windows throwing in streams of natural light.
Bedroom area A good bedroom area having wood effect flooring and power points.
Bathroom 6' 4" x 5' 9" (1.95m x 1.76m) A beautiful and again stylish bathroom having low flush WC, pedestal sink with mixer tap over, great sized double walk in shower with shower over, chrome towel rail, and tiled walls and flooring, outside There is on site parking in secured area.
Auctioneers 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.
Auctioneers Additional Comments 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.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Unit 401 One Islington Plaza, 1, Devon Street, Liverpool
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