For SaleStudio Flat in Cheapside, Liverpool, L2£45,000

An excellent investment opportunity offering a gross yield of 10.6% within the Bridewell in Liverpool City Centre, widely sought after by students due to it's superb facilities and excellent location to all of Liverpool's universities and attractions. 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. Early viewings are recommended.  Service charge £1000 per annum  Lease info: 250 years from and including 1 September 2014 This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract is received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.