Summary - Flat 3, Young Village, 19 Wright Street L5 8SB
1 bed 1 bath Flat
Long-lease studio with communal facilities — auction sale for investors..
Long lease (200+ years)
Vacant ground-floor studio with communal kitchen and laundry
24-hour CCTV, coded entry and caretaker in place
EPC rating C; electric room heaters (no central heating)
No allocated parking; communal car park nearby
Ground rent £150; service charge/review details not in pack
High local crime and very deprived area; affects lettability
Auction sale — 5% deposit and £4,800 buyer's fee applies
This ground-floor studio in Young Village is presented as a straightforward investment lot, offered vacant and with more than 200 years remaining on the lease. Set within a purpose-built student-style block, the flat comprises an open room/bed area, bathroom and access to a communal kitchen and basement laundry. The building has 24-hour CCTV, coded entry, intercom and a caretaker service.
The property’s strengths for a buyer are clear: long lease length, EPC rating C, on-site communal facilities and proximity to local amenities and transport links (Liverpool Lime Street). There is communal parking directly in front of the building and good broadband and mobile signal — useful for letting to students or single tenants.
Buyers must note several material points. The property is leasehold (ground rent £150 noted) and the legal pack does not include a leasehold sale pack — prospective bidders should make independent enquiries about service charges, review periods and other lease terms. Heating is by electric room heaters (no central system) and there is no allocated parking. The area records high crime and very high deprivation, and council tax is band F (expensive) — all will affect lettability and running costs.
This lot will be sold at auction (25 September 2025) under unconditional terms. Auction costs are significant: a 5% deposit (min. £5,000) plus a non-refundable buyer’s fee (£4,800 inc. VAT). Bidders should read the legal pack, consider repair/management needs and budget for buyer fees before bidding.
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