Studio

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Studio

2 Great Homer Street, Liverpool L5
£30,000

Price History

Initial price £40,000
04/10/24 £35,000
08/03/25 £30,000
Price Change -25.00%

Description

This student investment property is a great opportunity to generate a steady high rental income with a tenancy in place until 2025. The apartment is fully furnished and decorated to a high standard, featuring a bedroom area, study area, and en-suite shower room. The property benefits from modern amenities, including key fob entry, lifts, Wi-Fi, 24-hour security, a gym, communal kitchen and lounge area, and laundry room. Located close to universities, amenities, and transport links, this property is an excellent choice for students and investors alike. The ground rent is £300 per annum, and the service charge is £1,044.20 per annum, with a quarterly payment frequency and yearly review period. The management fee is 10%, and the property is leasehold with a lease end date in 2550.