Summary - UNIT G0 1, 19, WRIGHT STREET L5 8SB
1 bed 1 bath Apartment
Vacant investment studio with long lease — sold at online auction.
Vacant studio/one-bed — immediate possession and lettable
A compact, vacant studio/one-bedroom apartment with a very long lease (238 years) in central Liverpool, offered for sale at online auction. Its city-centre location and vacant possession make it an immediate let opportunity for investors targeting students or short-term rentals. The building includes CCTV, secure entry and on-site caretaking, which supports rental management and tenant security.
Financially this is a specialist purchase. The property carries a high quarterly service charge (circa £1,011 per quarter / £4,044 pa) and a small ground rent, both of which affect net yield. Broadband speeds in the area are reported as very slow and local crime levels are high — both factors that will influence tenant demand and rental value for some markets.
Buyers must be auction-ready: the sale is unconditional, with a 5% deposit on the fall of the hammer and a buyers’ premium (5% + VAT, minimum fee applies). Legal pack and special conditions should be reviewed before bidding to identify any additional completion costs. There is no flood risk and the long lease term removes short-lease premium risk.
This lot suits an investor who needs a quick, straightforward acquisition with immediate rental potential and who can manage higher service charges and local letting challenges. It is less suitable for owner-occupiers seeking fast broadband, low-crime neighbourhoods or those unwilling to buy via auction.
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