Block of Apartments
Revive Property Sales are pleased to bring to the market this investment opportunity situated in the popular Fairfield area of Liverpool. The property is a detached house which has been converted into 5 separate flats. Once tenanted the potential rental income is £24,420 per annum. The property itself comprises of communal hallways with access to the upper floors, five separate flats all of which contain individual kitchen and bathrooms. There are 2 one bedroom flats, 2 two bedroom flats and 1 three bedroom flat. The front of the property is set back from the road and there is a walled & gated yard to the rear.
The property is located off Prescot Road (A57) in the Fairfield District approximately 3 miles from Liverpool City Centre, with plenty of transport links to access the city centre, universities and hospitals.
Ground Floor
Flat 1 – Reception Hall, Living Room, Kitchen, Bedroom, Bathroom/W.C
Flat 2 - Reception Hall, Living Room, Kitchen, Bedroom, Bathroom/W.C
First Floor
Flat 3 - Reception Hall, Living Room & Open plan Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom/W.C
Flat 4 - Reception Hall, Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom/W.C
Second Floor
Flat 5 - Living Room & Open plan Kitchen, Bedroom 1, Bedroom 2, Bathroom/W.C
Outside
Walled & Gated yard to rear.
See Legal Pack.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fees apply:
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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