North West’s Largest Independent Estate Agent

Lot 30 - Wednesday 7th July 2021Flats 8,10,23 & 35 Sefton Park Studios 4 Croxteth Drive, Liverpool, Merseyside, L17 3AD

SOLD

Legal Pack


For Sale by Online Auction7th July 2021

WHY BUY?
Immediate investment opportunity
High yield
Self-contained apartments
Secure gated communal parking

DESCRIPTION
An excellent opportunity to purchase 4 self-contained studio apartments within a fully managed development. Located in the ever-popular Sefton Park area, this converted building is in excellent condition with a large welcome reception area leading to individual self-contained flats. Each apartment is fully let providing a grossannual income of £25,188. Configured for modern living, accommodation includes living area, modern kitchenette and separate shower-room. There is also secure gated communal parking.

LOCATION
Sefton Park Studios is located in the popular perimeter of Sefton Park on Croxteth Drive, just off Ullett Road.  It is one mile from St Michael’s and Edge Hill Rail Stations and under 4 miles to the M62. It is ideally located for access to the City Centre or for commuting out of town.

ACCOMMODATION
Ground Floor: Communal welcome reception 
Apartments: living area, kitchenette, separate shower-room
Outside: Secure gated parking

TENURE
Leasehold 

NB: Please note, configurations and interiors vary between apartments.

ADDENDUM:  

PLEASE NOTE THAT AS OF 03/02/21 FLAT 35 BECAME VACANT.  THE PRESENT OWNER IS REMARKETING AND WILL PAY ANY VOID RENTAL INCOME FOR A PERIOD OF 2 MONTHS.


 
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
£6,000
• 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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