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Flat 1, 3 Swallow Fields, Liverpool, Merseyside L9 6ED

Timed Auction
 

Guide Price £60,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.
Timed Auction

Saturday 1st January 4000

12.00am
Key Features
  • Ground Floor Apartment
  • Two Bedrooms
  • Tenant in Situ
  • Investment Opportunity
  • Parking
  • Rear Communal Garden
  • EPC Rating: C
  • Council Tax Band: B
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Apartment

Property Description:


Located in the Walton area of Liverpool, the property sits in a well-established residential area surrounded by a range of amenities including schools and public transport links. For those who commute, a short distance from the East Lancashire Road, which connects Liverpool with St Helens and the motorway links.

The apartment is situated on the ground floor and is accessed via the communal entrance and hallway. The apartment briefly comprises of a hallway, lounge/dining room, kitchen, two bedrooms and bathroom. Entering the apartment, the hallway provides access to all rooms with the added benefit of a storage cupboard. The lounge/dining area is a bright and spacious room with the kitchen open plan to the rear. The kitchen is fully fitted with a range of wall and floor units with integrated appliances consisting of an oven, hob, extractor and sink with drainer. Space is provided between the units for a washing machine and fridge/freezer. Both bedrooms are generously sized and carpeted. The bathroom contains a three-piece white suite comprises of a panelled bath with overhead shower and screen, low level w/c and hand wash basin.

The apartment is currently tenanted achieving a rental figure of £650 per calendar month.

Accommodation:
Hallway - 4.24m x 1.79m (13ft 11 x 5ft 10)
Lounge/Dining Room - 4.51m x 3.28m (14ft 10 x 10ft 9)
Kitchen - 1.68m x 3.28m (5ft 6 x 10ft 9)
Bedroom One - 3.05m x 3.23m (10ft 0 x 10ft 7)
Bedroom Two - 3.13m x 2.57m (10ft 3 x 8ft 5)
Bathroom - 1.95m x 1.79m (6ft 5 x 5ft 10)
Additional Information:

Construction Material: Standard brick. Services: TBC. Heating: Room heaters, electric. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as high in this area. Satellite and Cable - BT and Sky show as available in this area.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Leasehold. Subject to tenancy.

Ground Rent

£232

Unexpired Years

109

Annual Service Charge

£1,753



Auction Details

The sale of this property will take place on the stated date by way of Timed Auction 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 auctioneers fees apply:

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

• Buyers 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 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.