For Sale

Stuart Road, Liverpool, L4

Stuart Road, Liverpool, L4
  • £135,000

Overview

Property ID: 294015
  • 5
  • Bedrooms
  • 2
  • Bathrooms

Description

Adam Sutton x The Agency – This block of two flats is currently tenanted, offering immediate rental income. Priced below market value for a swift sale, it’s the perfect chance to bolster your property portfolio.

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £135,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Here’s an opportunity for investors looking to secure a promising income stream and capitalise on future potential. Presenting a block of two flats in the thriving Liverpool L4 area, this investment offers immediate returns with a chance to increase your gains.

Flat 1:

– Currently rents for £425.
– Current tenants are on a periodic tenancy, offering flexibility for adjustments.
– The market rate for a similar 3-bedroom flat in the area is £625+.
– This spacious flat includes a desirable yard, enhancing its appeal.
– A recent valuation places the value of this flat at an impressive £91,000.

Flat 2:

– Currently rents for £395
– This 2-bedroom flat offers excellent rental potential.
– The market rate for a comparable 2-bedroom apartment in the area is £495.
– A recent valuation places the value of this flat at £79,000.

this exciting opportunity awaits, as this flat is being offered through auction with a guide price set at £140,000.
Investors can seize this moment to increase rental income by aligning rents with the market rates, boosting your ROI.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as ‘The Auctioneer’.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

  • Address Stuart Road, Walton, Liverpool
  • City Liverpool
  • Zip/Postal Code L4 5QS
  • Area Walton

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