£80,000
1 bed flat for saleQuarry Close, Old Swan, Liverpool, Merseyside L13
1 bed
1 bath
1 reception
EPC Rating: C
Just added
Chain free
Leasehold
About this property
***vacant possession***one bedroom*** first floor apartment***lease length 957 years***no payable ground rent or service charge***would benefit from some refurbishment works***ideal home or investment***estimated rental income £800PCM/£9,600PA***
Summary
Brought to the market with the benefit of vacant possession and no onward chain, this one-bedroom first-floor apartment on Quarry Close offers an exceptional opportunity for both investors and owner-occupiers alike. Situated in the heart of the highly popular L13 area of Old Swan, the property does require some cosmetic refurbishment works, making it the perfect "blank canvas" project to add immediate value.
One of the standout features of this property is its incredibly rare and highly attractive tenure structure: It boasts a staggering 957-year lease remaining with no payable ground rent or service charges, offering absolute peace of mind and significantly lower running costs than typical apartments.
For the Investor
For buy-to-let investors, this property represents a fantastic high-yield addition to any portfolio. With a modest investment into refurbishment, the property has an estimated rental income of £800 per calendar month (£9,600 per annum). Given the low overheads and the consistently high rental demand in Old Swan, this apartment promises a genuinely impressive net yield.
The Layout
Positioned on the first floor, the apartment features a practical layout consisting of an entrance hallway, a well-proportioned living area, a separate kitchen space, a double bedroom, and a three-piece bathroom suite.
Location
Tucked away in a quiet residential cul-de-sac just off the main hubs, Quarry Close enjoys a prime Old Swan location. You are just a short walk away from an excellent selection of local amenities, including large supermarkets (Tesco, Aldi, Asda), local shops, cafes, and pubs. The property benefits from superb transport links, with regular bus routes into Liverpool City Centre, easy access to Broadgreen Train Station, and the M62 motorway network just minutes away by car.
Tenure & Financials
Tenure: Leasehold
Lease Remaining: 957 years
Ground Rent: £0 (None payable)
Service Charge: £0 (None payable)
Council Tax Band: A
Summary
Brought to the market with the benefit of vacant possession and no onward chain, this one-bedroom first-floor apartment on Quarry Close offers an exceptional opportunity for both investors and owner-occupiers alike. Situated in the heart of the highly popular L13 area of Old Swan, the property does require some cosmetic refurbishment works, making it the perfect "blank canvas" project to add immediate value.
One of the standout features of this property is its incredibly rare and highly attractive tenure structure: It boasts a staggering 957-year lease remaining with no payable ground rent or service charges, offering absolute peace of mind and significantly lower running costs than typical apartments.
For the Investor
For buy-to-let investors, this property represents a fantastic high-yield addition to any portfolio. With a modest investment into refurbishment, the property has an estimated rental income of £800 per calendar month (£9,600 per annum). Given the low overheads and the consistently high rental demand in Old Swan, this apartment promises a genuinely impressive net yield.
The Layout
Positioned on the first floor, the apartment features a practical layout consisting of an entrance hallway, a well-proportioned living area, a separate kitchen space, a double bedroom, and a three-piece bathroom suite.
Location
Tucked away in a quiet residential cul-de-sac just off the main hubs, Quarry Close enjoys a prime Old Swan location. You are just a short walk away from an excellent selection of local amenities, including large supermarkets (Tesco, Aldi, Asda), local shops, cafes, and pubs. The property benefits from superb transport links, with regular bus routes into Liverpool City Centre, easy access to Broadgreen Train Station, and the M62 motorway network just minutes away by car.
Tenure & Financials
Tenure: Leasehold
Lease Remaining: 957 years
Ground Rent: £0 (None payable)
Service Charge: £0 (None payable)
Council Tax Band: A
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Monthly repayment
£400 per month
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More information
Tenure
Leasehold (956 years)
Service charge
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review
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