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Lot 20 - Wednesday 8th December 2021Flat 4, 158 Earle Road, Liverpool, Merseyside, L7 6HH

Guide Price £25,000 PLUS*

Legal Pack


For Sale by Online Auction 8th December 2021

WHY BUY?
Vacant Possession
High Yield Investment Opportunity
Turn-key Investment
Popular Rental Area

DESCRIPTION
Turn-key investment opportunity in the popular rental area of Earle Road L7. A one-bedroom ground floor flat with mezzanine level, renovated to a high standard and ready to let as a private rental or would be ideal for the short-term holiday/tourist market. Monthly rental income expected to be circa £450 - £495pcm/£5,400 - £5,940pa. All local amenities are close by with regular transport links into the City Centre. The property comprises an open plan lounge with fitted kitchen, shower room and a mezzanine bedroom. This historic building holds 16 apartments with Flat 4 being one of the largest within the development.  The service charge includes water, electricity, building insurance and cleaning of communal areas & waste management.

LOCATION
Earle Road is easily accessed via Smithdown Road leading from Upper Parliament Street.  It is just over 2 miles to Liverpool City Centre and the closest railway station is Edge Hill, just 700 yards away. 

ACCOMMODATION
Ground Floor: Open plan living area, modern kitchen, shower-room
Mezzanine: Double bedroom
Outside: On-street parking 

TENURE
Leasehold

 

 
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
£750
• 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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