Flat
A studio within a purpose-built student building set over four floors within excess of 200 years remaining on the lease.
This investment property is currently vacant and comprises of a bedroom, bathroom and shared kitchen with a laundry room in the basement, containing washing machines and dryers.
The building has 24-hour CCTV in operation, along with coded doors for safety and security. There is also a caretaker who manages the communal areas of the building.
Intercom system and individual post-boxes also provide additional security.
Whilst there is no allocated parking, there is a good-sized car park area immediately in front of the property.
The property is situated in a residential area close to local shops and amenities. The open spaces of Everton Nature Garden are within easy reach. Transport links are provided by Liverpool Lime Street railway station.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
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 under an Unconditional sale type.
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 £4,800 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.
