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64 Oakhouse Park, Walton, Liverpool, Merseyside L9 1EP

Lot no: 172 Re-entry to a future auction
 

Guide Price £45,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Wednesday 27th March 2024

9.00am
Key Features
  • Ground Floor Apartment
  • One Bedroom
  • Tenant in Situ
  • Residential Parking
  • Close to local amenities
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Re-entry to a future auction

Apartment

Property Description:


Available is this one-bedroom apartment located in the popular Oakhouse Park development in the Walton area of Liverpool.

Located in the Walton area of Liverpool, the immediate area has a good range of amenities, schools, public transport links and close to major road networks. The property is also a short distance from Walton Hall Park, a popular green space and leisure centre amongst locals.

The property briefly comprises of an entrance hall, which provides access to all rooms within the apartment, a spacious lounge, a kitchen/dining area, one double sized bedroom and a bathroom.

This is an ideal investment opportunity for those investors looking to add to their property portfolio.

The apartment is currently tenanted achieving a rental figure of £550 per calendar month.

Accommodation:
Hallway - 1.20m x 2.77m (3ft 11 x 9ft 1)
Lounge - 4.83m x 4.55m (15ft 10 x 14ft 11)
Kitchen - 3.54m x 2.43m (11ft 7 x 7ft 12)
Bedroom - 4.83m x 2.81m (15ft 10 x 9ft 3)
Bathroom - 2.37m x 2.47m (7ft 9 x 8ft 1)
Additional Information:

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

Leasehold Information

We have been informed by the seller there is no ground rent payable for this property. We have been informed there are 978 years remaining on the lease. Please refer to the legal pack and land registry document for confirmation. Any review periods will be confirmed in the lease documents within the legal pack.

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. See legal pack.




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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers 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.