1 bedroom Flat in Liverpool

1a Rosalind Way, Liverpool, Liverpool, Merseyside L20 2HU
  • Lot No: 159
  • Property Type: Flat
  • Contract Type: Unconditional with Variable Fee

Guide Price* £10,000 - £20,000 plus fees

Result Sold at Auction £20,000

Property Description

Check out this one bedroom first-floor flat in the popular area of L20. It requires some improvements but offers so much potential. Flats in the area are offered for rent at between £500 and £525 pcm. (data taken from Rightmove) This could be a potential investment that could generate over 40% yield.

Leasehold Information

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


Additional Information:

Parking: TBC. Construction Material: Standard brick. Services: TBC. Heating: Boiler, mains gas. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, vodafone and Three show as high in this area, and EE as low. Satellite and Cable - BT, Sky and Virgin show as available in this area.


Note

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


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Leasehold


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 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 auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s 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 Buyer’s 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.