For Sale by Online Auction 19th May 2021
WHY BUY?
2-3 bedrooms
City centre location
Ideal AirBnB rental
Potential to add value
DESCRIPTION
This is a large Second/third floor modern duplex apartment that has some nice red brick features and high ceilings. The flat requires a scheme of decoration and some updating, but in general is in good condition and with a small scheme of works would make a very attractive apartment. Due to its location it would make an ideal short-term holiday/AirBnB type rental property. The flat benefits from double glazing and central heating.
The buildings communal parts are in dis-repair due to the management company/freeholder folding and the freehold subsequently going back to the crown. The other landlords in the building have continued to collect service charge and have a sinking fund to repair the building. They are in the process of purchasing the freehold and setting a management company before they commence works.
LOCATION
Accessed from either London Road or Lord Nelson Street and within a minutes walk of Lime Street Rail Station. There are numerous shops, bars, restaurants and other amenities within walking distance.
ACCOMMODATION
Ground floor – Communal entrance with stairs to all floors
First floor – Flat entrance, hall/vestibule with stairs
Second floor – Bedroom, Bathroom, open plan living room/kitchen
Third floor – Single bedroom, open mezzanine floor overlooking living room (third bedroom)
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.