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G-03 Young Village, 19 Wright Street, Liverpool L5 8TN

Auction Event
 

Guide Price £5,000+ plus fees

UnconditionalOn 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.

Tuesday 10th December 2024

10.00am
Key Features
  • Council Tax Band: TBC
  • Investment opportunity
  • Ground floor student studio
  • Purpose built development
  • In excess of 200 years remaining on the lease
  • Located in a popular residential area
  • Close to a wide range of local amenities and shops
  • EPC Rating: C
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Studio flat

Property Description:

A ground floor studio within a purpose built student building set over four floors with in excess of 200 years remaining on the lease

This investment property is currently vacant and comprises of a bedroom, bathroom and shared kitchen.

The property is situated in a residential area close to local shops and amenities. The open spaces of Everton Nature Garden are within easy reach. Transport links are provided by Liverpool Lime Street rail station.

Leasehold Information

250 years from 25 July 2013. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Flood Risk

Surface Water - Low Risk.

Building construction:

Solid brick, as built, insulated (assumed) - Information taken from EPC.

Broadband (estimated speeds)

Standard 18 mbps and Superfast 80 mbps show as available in this location

Mobile Signal

EE, O2, Vodaphone and Three show as available in this location.

Satellite and Cable TV Availability

Sky and BT show as available in this location.

Note

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.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

239




Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)

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.