North West’s Largest Independent Estate Agent

Lot 28 - Wednesday 19th May 202110 London Court Hotham Street, Liverpool, Merseyside, L3 5UF

SOLD £95,000

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For Sale by Online Auction 19th May 2021





WHY BUY?



2-3 bedrooms

City centre location

Ideal AirBnB rental

Potential to add value



DESCRIPTION

This is a large Second/third floor modern duplex apartment that has some nice red brick features and high ceilings. The flat requires a scheme of decoration and some updating, but in general is in good condition and with a small scheme of works would make a very attractive apartment. Due to its location it would make an ideal short-term holiday/AirBnB type rental property. The flat benefits from double glazing and central heating.



The buildings communal parts are in dis-repair due to the management company/freeholder folding and the freehold subsequently going back to the crown. The other landlords in the building have continued to collect service charge and have a sinking fund to repair the building. They are in the process of purchasing the freehold and setting a management company before they commence works. 



LOCATION

Accessed from either London Road or Lord Nelson Street and within a minutes walk of Lime Street Rail Station. There are numerous shops, bars, restaurants and other amenities within walking distance. 





ACCOMMODATION



Ground floor – Communal entrance with stairs to all floors

First floor – Flat entrance, hall/vestibule with stairs

Second floor – Bedroom, Bathroom, open plan living room/kitchen

Third floor – Single bedroom, open mezzanine floor overlooking living room (third bedroom)





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
£2,400
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

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