House For Sale Greenbank Drive, Liverpool, L17

£5,000

Auction Property
1 of 1
  • Description
  • Street View
  • Maps
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: 1st January 1970

Description


For Sale by Online Auction 7th April 2021

WHY BUY?
1 x Parking space included
Ground rent of £180.00pa
Potential management income
South Liverpool Address

DESRIPTION
This sale is for the freehold only and not the apartments. There are 4 x apartments in total in the building and all have been sold off on long 999 year leaseholds. There is a total annual ground rent income currently at £180.00pa from 3 of the apartments - there is no provision for ground rent from one apartment. There are also ground rent increases built into these 3 x leaseholds. There is 1 x parking space included with the freehold. There is provision for the freeholder to get 15% management service fee from the service charge provisions of the 3 x chargeable leaseholds, which are currently set at £1500pa, giving an additional annual income circa £675.00.

NB:  The buyers fee for this property is at the reduced cost of £500 + Vat

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1250 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.
Agent Details
Venmore
9, Imperial Buildings, Dale Street, Liverpool, L2 2SH
Show Contact Number
0151 236 6746

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
It may be difficult to get a mortgage offer for this property.
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this property. See more properties like this.

£260,000
Liverpool, L15
Of Multiple Occupation
9.9
£119,950
Liverpool, L15
Terraced
9.5
£120,000
Liverpool, L15
Terraced
9.5
See More Properties
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.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested