Apartment 46 5 Seel Street, Liverpool, L1 4BU

Description

This is a modern studio apartment in Liverpool City Centre. Currently achieving £758pcm, the property will be vacated prior to the auction and offered as vacant possession. The current market rent for similar properties nearby is in the region of £823pcm / £9876pa. The development benefits from 24/7 on-site gym facilities, cinema room, pool table and communal games area, laundrette and 7-night security.

Accommodation

Studio room with kitchenette, separate bathroom suite. Secure fob access and communal facilities as described above.

Location

Located on Seel Street in the heart of Liverpool city centre, the apartment is surrounded by an extensive range of bars, restaurants, cafés and leisure facilities. Liverpool ONE, the Ropewalks and Baltic Triangle are all within easy walking distance. Liverpool Central railway station provides excellent connections across the region, making the location particularly attractive to both owner-occupiers and tenants.

Auction Information

Tenure

Leasehold. The legal pack is the definitive source for lease length, title, covenants, service charges, ground rent and special conditions.

Council Tax

Band A.

Investment Analysis

Market Comparables

Use recent Land Registry sold evidence and genuinely comparable current/let rental evidence for the same micro-location, accommodation, tenure and condition. Venmore’s stated rents or rental opinions are retained as auctioneer evidence where supplied; HB screening figures are not a formal valuation.

Proposed Works

HB desktop allowance: £5,000. Scope should be confirmed from inspection, photographs, survey and contractor pricing. Prioritise structure, roof/damp, services, heating/electrics, windows, kitchens/bathrooms, decoration and external works only where relevant to this specific property.

Rental Value

Low / Base / High Investment Scenario

Specialist Commercial Analysis

Verify occupational leases, passing rents, rent-review provisions, repairing obligations, VAT status, business rates, service costs and covenant strength. Mixed-use assets should be valued by component and income where appropriate.

Maximum Bid Indicator

Base the maximum bid on verified commercial/residential income and capital value, less buyer fee, works, legal/professional, finance, holding, contingency and required return. SDLT treatment may differ for mixed-use/non-residential purchases and is buyer-specific.

Strategy Recommendation

Income hold or refurbishment/re-letting, with redevelopment only where planning and title support it.

Strategy Rating

Income Hold: ★★★★☆ | Value-Add: ★★★★☆ | Development: ★★★☆☆

Key Risks

Lease length, ground rent, service charge and lender acceptability, listed-building constraints, legal-pack special conditions, condition/survey, finance and valuation risk.

Analysis Confidence

Medium for facts reproduced from Venmore’s particulars; low-to-medium for HB desktop works/value screens until inspection, legal-pack review, direct sold/rental comparables and contractor/QS pricing are completed.