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Lot 6 - Wednesday 7th April 2021Land at corner of Mill Street & Isaac Street, Liverpool, Merseyside, L8 4RD

BUY IT NOW £75,000

Legal Pack


For Sale by Online Auction 7th April 2021

WHY BUY?
Development plot
Lapsed planning 4 x flats
Popular rental area
Close to Liverpool City Centre

DESCRIPTION
This is a large corner plot that has had planning permission to develop to 3 x three bedroom flats and 1 x two bedroom flat. The planning was granted in 2017 and has since lapsed, but the current owner has had positive dialogue with Liverpool City Council planning department if the scheme is resubmitted for approval. There could also be scope to change the plans to develop a large 10-12 bedroom HMO or Apart-Hotel, subject to gaining the relevant planning consents.  

LOCATION
Located in the highly popular residential area of Dingle, the plot is of course visible from the main road of Mill Street, and the corner of Isaac Street, approximately 3 miles from Liverpool City Centre, offering good transport links, shops and restaurants on Aigburth Road, Lark Lane and Park Road. There is a Tesco Megastore within walking walking distance.

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.

Stamp Duty Calculator

You will pay
£2,100
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

• if you complete before 31 March 2021, you may be exempt from paying Stamp Duty on the first £500,000 of your property value

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