Terraced House
A three-bedroom, mid-terrace property in Liverpool. Currently let at £6,600 per annum
A three-bedroom property situated in a residential area, just three miles outside of Liverpool City Centre. The property is well positioned with all necessary amenities and services nearby including shops, schools and transport links. The property is currently let at £550pcm which offers a 9.4% yield based on the guide price. Based on the market rent in the area we believe this could be improved to over 12%.
Note - The property forms part of a portfolio of properties in the area, all offered in the August Auction. Other addresses below
7 Marlsford Street, Liverpool, L6 6AX
7 Newcombe Street, Liverpool, L6 5AN
5 March Road, Liverpool, L6 4DA
31 Waltham Road • L6 0BL
Freehold.
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 £3,600 incl 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.
