2 Bed Apartment House For Sale Commercial Road, Liverpool, L5

£85,000- Apartment

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 11th May 2024

Description

Interested parties should contact Knight Frank Auctions for further information.\r
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Description\r
By order of the Joint Receivers.\r
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A spacious canal-side third floor 2 bedroom apartment extending to approx. 1,196 sq. ft, with large balcony and secure allocated parking. Residents benefit from lift access, key fob access and communal gardens, together with various amenities and transport links that come with the city centre location.\r
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Accommodation: Open Plan Reception / Kitchen, Two Bedrooms (one with en-suite), Bathroom, Utility Room\r
External: Balcony, Allocated Parking, Communal Gardens\r
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This property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability. The Receivers are not bound to accept the highest or any offer.\r
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Location\r
Tobacco Wharf occupies a prominent Liverpool position, just north of the city centre (c. 2.5 miles). The location benefits from excellent road and public transport links, including Sandhills Train Station. A wide array of recreational facilities and amenities can be found locally.\r
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Occupancy\r
Vacant\r
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Tenure\r
Leasehold - Expiry Date 14/01/2128 (approximately 103 years remaining). Ground rent is £25 per annum. Refer to legal pack for further information including service charge.\r
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Buyers Fee\r
The buyers fee is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.\r
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Auction Details\r
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.\r
Binding contracts of sale will be exchanged at the point of sale. \r
All sales are subject to the Common Auction Conditions and Extra General Conditions. \r
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Auctioneer Fees and Deposit\r
The following deposits and non-refundable auctioneer fees apply: \r
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•\t10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price. \r
•\tBuyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT. \r
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The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. \r
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding. \r
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Additional Information:\r
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. \r
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. \r
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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.
Agent Details
Knight Frank - Sales
55, Baker Street, London, W1U 8AN
Show Contact Number
020 7629 8171

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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