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House of Multiple Occupation
A superb investment opportunity comprising of a pub to the ground floor and a seven bedroom, all en suite HMO.
Finished in a superb The Beatles theme throughout with fantastic Murals to the exterior walls along with further internal artwork and The Beatles themed rooms.
The property is well known in the local area and also features on the sleeve of Ringo Starrs first solo album, Sentimental Journey. It is well placed for local amenities and close to Princes Park. Liverpool Albert Docks and City Centre are around 1.5 miles away.
Spacious accommodation arranged over four floors.
The auctioneers have not inspected internally but believe the pub to the ground floor requires finishing but the seven bedroom HMO aspect is finished and has been let out via Air BnB.
The estimated gross rental income if let as a HMO and Pub would amount to £40,000- £45,000 per annum. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Pub/ Bar with toilet, Rear hallway to HMO aspect, Communal Lounge/ Kitchen and Bedroom One with ensuite
Bedroom two (with en suite), bedroom three (with en suite), bedroom four (with en suite)
Bedroom five (with en suite) and bedroom six (with en suite)
Bedroom seven (with en suite)
Enclosed rear yard with space for bin and bike stores.
Please be advised that key information regarding Water supply, Electricity supply, Sewerage arrangements and Heating supply is currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.
7 mbps.
02, EE, Three, Vodafone
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Please be advised that some of the key information above is currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Timed Auction 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.
