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Flat 4, 5 Oak Terrace, Beech Street, Liverpool L7 0HJ

Lot no: 87 Sold at Auction for £71,000
 

Guide Price £65,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Tuesday 5th September 2023

10.00am
Key Features
  • Three bedroom duplex apartment
  • Ideally placed within easy reach of Liverpool City Centre
  • Spacious accommodation split over two floors
  • Open plan kitchen/living room
  • EPC Rating: E
  • Council Tax Band: A
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Sold at Auction for £71,000

Duplex

Property Description:

A three-bedroom, duplex apartment situated just off Beech Street in the popular Kensington area of Liverpool. The property is ideally placed within easy reach of Liverpool City Centre and surrounded by a host of local amenities and services. A full range of shopping facilities, schooling and a selection of popular pubs, bars and eateries can all be found nearby. The local post office and pharmacy are within easy reach and the Royal Liverpool Hospital is just one mile away. The property is also well placed for access to the University Campuses in the City, providing potential for student lets. Transport links include convenient road links, a regular bus network and train services operating from the City Centre or at Edge Hill or Wavertree Technology Park.

The property itself provides spacious accommodation throughout, split across two floors.

First Floor
Kitchen/living room 6.709 x 4.688m into bay
WC 1.527 X 0.829m
Bathroom 1.749 x 1.986m
Bedroom 3.954 x 3.011m
Bedroom 3.953 x 3.055m
Second Floor
Bedroom 6.095 x 6.217m into recess
Bathroom 3.250 x 2.246m
Leasehold Information

The Lease is dated 4 May 2007 and is for a term of 99 years from 1 September 2006 with 82 years remaining. The landlord is non-responsive/absent. An absent landlord indemnity policy has been taken out and will benefit successors in title. Because of this a leasehold management pack and details of the service charge and ground rent payable cannot be provided.

Tenure:

Leasehold. Vacant possession upon completion.



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 Fixed Fee.

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 auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers 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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