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Property Listing Details

Property details

  • 5 bedrooms
  • 2 bathrooms
  • 1 reception room

Features

  • Freehold
  • 5 Bedroom Apartment
  • Commercial Unit on the Ground Floor
  • Open Plan Kitchen and Living Room
  • Two Bathrooms (1 en-suite shower room)
  • Tenure - Freehold

Listing view statistics

Last 30 days: 415 page views

Description

** commercial + residential investment ** for sale by Modern Method Auction. Guide price £70,000 + reservation fee.

Located on Picton Road this is a prime residential and commercial area. It is a 15 minute drive from Liverpool City Centre and local transport is on your doorstep.

To the ground floor is a commercial unit which is currently tenanted and occupied. Achieves approximately £450 per month.

To the upstairs there is a Five bedroom apartment. Five self-contained rooms spread over 2 floors.
On the lower floor of the apartment, there is an open plan kitchen and living room plus two of the bedrooms and the communal shower room.
On the top floor of the apartment, there are three bedrooms with one of those having the benefit of an en-suite shower.
Potential Rent per room - £350 per month.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAmSold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with IAmSold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by IAmSold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you. EPC Grade D
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, IAmSold Limited. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price
including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with IAmSold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything
you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation
Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the
preparation cost of the pack, where it has been provided by IAmSold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they
will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral
arrangement and payment prior to any services being taken by you.

Important Note to Purchasers:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

LIV200427/8

You could get

Superfast broadband Superfast broadband

Up to 150 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Wavertree Technology Park 0.4 miles
  • Edge Hill 0.9 miles
  • Assess Education 0.1 miles
  • Heygreen Primary School 0.2 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Wavertree Technology Park 0.4 miles
  • Edge Hill 0.9 miles
  • Assess Education 0.1 miles
  • Heygreen Primary School 0.2 miles

Market stats

Sale activity

Average estimated value for a flat in L15:

  • £153,309
  • Price increase

  • £2,838
  • (1.886%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £100,994
  • Properties sold

    9

Rental opportunities

Looking for an investment? The average rent for a 5 bedroom flat in L15 is currently:

£1,261 pcm

Recent sales nearby

See all recent sales in L15
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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These results are not provided by Bankrate and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided, your lenders criteria and your personal circumstances. The interest rate has also been assumed to stay the same for the selected mortgage term.

The Agent

Price history

Sold prices provided by Land Registry
27th Nov 2020 £90,000 Price increased by £20,000
27th Nov 2020 £70,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Reeds Rains - Liverpool. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Reeds Rains - Liverpool for full details and further information.