Hi,
YES, it will bottleneck that card but it depends on the game. There is a HUGE difference between games in how much CPU processing is used relative to the graphics.
(I get slightly annoyed when people say "no, it won't bottleneck.. no problem dude" without any proof of that.)
OVERCLOCKING will help if you have a CPU bottleneck but at best it would be up to how much you overclocked. For example, if you were at 30FPS and overclocked by 30% you'd get at most 39FPS (30x1.3).
CPU cooler:
That's a good cooler (H110) but it really defeats the value of what you're doing. If you didn't have the CPU already I'd have suggested a cheaper cooler and putting the money into an i5-4xxx CPU instead.
*As it is I suggest a Cooler Master Hyper 212 EVO. It's about $30 or so and should enable a pretty good overclock. I don't know if the liquid cooler would make much difference and the MOTHERBOARD's ability to provide stable voltage is also relevant. A more expensive cooler is the Noctua NH-U12S which is cheaper than the H110 and more than enough for an overclock. It's quieter than both coolers. With fan control software (from motherboard support) should be enabled for best cooling/noise ratio.
I also do NOT RECOMMEND liquid coolers if an air cooler will suffice which is the case here. The pump will not only always produce a bit of noise but it can fail which is a big hassle. In comparison the Noctua fan is silent in idle mode, very quiet with CPU at 100% usage, and you can even game with the fan disabled for many setups.
No point in worrying too much about how much bottlenecked a particular game might be compared to say what an i5-4690K might give. Tweak the game to give the best quality visuals at your desired frame rate. In general I recommend:
a) 40FPS average with VSYNC OFF, or
b) 60FPS with VSYNC ON (only if you can output 60FPS almost ALL of the time), or
c) 60FPS with Dynamic VSYNC ON (same as Adaptive VSYNC for NVidia. Can force on with RadeonPro).
*IMPORTANT-> I recommend start with FRAPS running then adjust resolution, AA etc until you maintain 60FPS (for 60Hz monitors) at least 90% of the time. Then, if screen tearing gets too common drop a few settings such as 8xMSAA to 4xMSAA to minimize screen tear frequency.
d) 30FPS with Dynamic "Half" VSYNC (I think this exists in RadeonPro. Useful for top-down, slower games if you can't maintain 60FPS but VSYNC disabled has too much SCREEN TEAR).
For 144Hz screens this is particularly useful as you can have 72FPS VSYNC'd since 144FPS is usually way out of reach, but screen tear may prevent VSYNC disabled.
Summary:
a) YES. Bottleneck in some games for sure.
b) CM Hyper 212 EVO recommended
c) Overclock but keep stable
d) TWEAK games (in particular experiment with Dynamic VSYNC)