Studio flat · L5 3LD
Sold STCListed 125 days
Opportunity summary
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About
Starting Bid Of £13,000 and Being Sold via Secure Sale online bidding at I-Am-Sold Auctions. Terms & Conditions apply.
Martin and Co are delighted to offer this well presented classic studio apartment with en-suite with access to a large well equipped communal kitchen and lounge.
In brief the room benefits from being fully furnished with three-quarter beds, wardrobe, desk, TV and Broadband and Wi-Fi. Tenants also benefit from using the on site gym, laundry room and concierge.
The property is in walking distance to the university buildings, Library, Royal Liverpool Hospital and the City Centre. This property has an excellent yield of 36%.
LEASEHOLD Lease years-239 years Service charge - £2,100 PA Ground rent- £300 PA Council tax band - TBC Rental Income - £129.00 per week All measurements are approximate and cannot be relied upon for any future purpose and no liability is taken for any errors.
LOUNGE/BEDROOM 11' 8" x 9' 9" (3.58m x 2.99m) Having radiator, power points and UPVC double glazed window.
BATHROOM 6' 5" x 2' 10" (1.97m x 0.87m) Having low flush WC, semi-pedestal sink, shower cubicle with shower over, tiled walls and tile effect flooring.
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 £300.00 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. Payment varies but will be no more than £450.00.
These services are optional.
DISCLAIMER These particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers/tenants and do not constitute an offer or part of a contract.
Please note that any services, heating systems or appliances have not been tested and no warranty can be given or implied as to their working order.
Prospective purchasers/tenants ought to seek their own professional advice. Please take note the agent has not attended this property for an internal inspection.
All descriptions, dimensions, areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers/tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 City Point, Great Homer Street, Liverpool
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