Lot 1 - 24 Sandway Crescent, Liverpool, Merseyside, L11 2SN
- Unconditional Online Auction Sale
- Guide Price* : £65,000
- Residential Investment let at an annual equivalent rent of £6,600 per annum
- Extended Three Bedroom End Terrace
- Requires refurbishment
- Established location close to local amenities
ON BEHALF OF LPA RECEIVERS: Extended three bedroom end terrace house which requires refurbishment.
Description
A residential investment comprising an extended three bedroom end terrace house which will require a scheme of refurbishment. The property is currently let on an Assured Shorthold Tenancy at a rent of £126.92 (equivalent to £550pcm).
Location
The property is situated in an established residential area close to local amenities and schooling. Sandway Crescent can be accessed from Utting Avenue East via Stalisfield Avenue and Carr Lane.
Tenure
The property is held Leasehold for a term of 999 years from the 27th May 1972 at a peppercorn rent.
Accommodation
Ground Floor: Hall, Living Room, Kitchen and Bathroom
First Floor: Landing and Three Bedrooms
Outside
Driveway, front and rear gardens.
Tenancies
The property is let on an Assured Shorthold Tenancy at a rent of £126.92 per week. The tenancy expired in July 2020 and the contract is now rolling.
EPC
Energy Performance Asset Rating - C
Council Tax Band
A
Lease Start Date
22/05/1972
Lease Duration
999 years (948 years unexpired)
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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