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The Bridewell, Cheapside, Liverpool, L2

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Great Investment
  • Superb Location
  • Gym Facilities & Communal Space

Description

Great Investment Property Offering potentially a Good Income!! For sale by Modern Method Auction. Guide price £35,000 + reservation fee.

We are privileged to bring you this excellent investment opportunity in the unique surroundings of The Bridewell. The property sits in an old prison complex and is now widely sought after by students due to it's excellent location to all of Liverpool's universities and the superb facilities.

The property consists of a room and en-suite within a larger apartment of up to sixteen people, communal kitchen and living space. The building also boasts a large communal space in an inner courtyard and a gym in the basement.

Please call now to find out your next great investment opportunity.

EPC Grade - C

Ground Rent - £250 per annum
Lease remaining - 242 years

Should you view, offer or bid on the property, your information will be shared with the Auctioneer, I AmSold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with I AmSold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by I Am Sold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

LIV210602/2

Room

3.86m x 2.08m (12' 8" x 6' 10")

Living area and bed space, student room.

Shower Room

1.97m x 1.9m (6' 6" x 6' 3")

Great sized en-suite with shower, toilet and wash basin.

General Information

Ground Rent is £250 per annum Service Charge is £2500 per annum Current Rent is £115 per week Council Tax - Please call for more information due to student accommodation.

Brochures

Web DetailsFull Brochure PDF

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£250 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£1931

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

240 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: B

The Bridewell, Cheapside, Liverpool, L2

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Moorfields Station0.1 miles
  • James Street Station0.4 miles
  • Liverpool Lime Street Station0.4 miles
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About the agent

Reeds Rains, Liverpool

24b North John Street Liverpool L2 9RP

Reeds Rains, Liverpool

Established in 1868, Reeds Rains has over 150-years of expertise in selling and renting house. During that time our teams have never lost sight of the need for local expertise, building great relationships, being genuinely interested in our customers and getting the job done. It is the only way to provide great customer service and get the best price for your property.

As estate agents, Reeds Rains want to make sure things are straightforward for our customers. Whether you are selling o

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Disclaimer - Property reference LIV210602. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Reeds Rains, Liverpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Reeds Rains, Liverpool on 0151 453 6482.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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