Studio for sale in Great Homer Street, Liverpool L5

Presenting an exquisite studio apartment, this property offers a delightful living space complete with a comfortable double bed, a convenient working station, and a well-appointed three-piece bathroom. Situated on Great Homer Street in Liverpool, City Point combines modern design with spacious student accommodation. Its prime location provides easy access to the city center, with a leisurely 15-minute stroll to Liverpool John Moores University and a 20 to 30-minute walk for University of Liverpool students.

City Point features 159 exceptional bedspaces spread across six floors. Residents can enjoy a range of amenities, including a cycle store, a residents' gym, a laundry facility, and en-suite bathrooms. The property's proximity to Liverpool's city center and vibrant waterfront allows residents to immerse themselves in the city's rich offerings. From renowned museums that showcase the city's history to countless bars, restaurants, and shops, Liverpool is a city known for its vibrant culture and diverse entertainment options.

Liverpool's cultural significance is evident in landmarks such as Albert Dock, the Philharmonic, and Europe's oldest Chinatown, which have contributed to its recognition as a City of Culture in 2008. The city's appeal extends beyond tourism, as it serves as a major commercial hub with over 3,000 businesses and Liverpool one, the fifth largest retail center in the UK.

Please note that the displayed pictures are of a comparable unit, and actual images of the unit for sale will be available shortly. For a comprehensive financial breakdown, the gross rent is £5,559, with a ground rent of £300, service charge of £2,088, and lettings fees of £667. The net income amounts to £2,504, resulting in a gross yield of 15.44% and a net yield of 6.95%.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

No ground rent

Ground Rent Review Period

No review period

Annual Service Charge

No service charge

Service Charge Review Period

No review period

Lease End Date

01/01/2263

Disclaimer For Virtual Viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.