Lot 1016 - Unit 26 Libertas, 40-50 St James Street, Liverpool, Liverpool, L1 0AB
- Conditional Online Auction Sale
- Guide Price* : £40,000
Description
FOR SALE VIA MODERN METHOD VIA HOWSOLD
FLAT 26 - WE ALSO HAVE FLAT 25 FOR SALE WITH THE SAME VENDOR
Situated on St James Street in the lively Baltic Triangle of Liverpool, this contemporary studio apartment, affectionately named Libertas, offers a unique and appealing living experience. Built in 2018.
Currently tenanted, Libertas generates a monthly rental income of £690, presenting an excellent opportunity for investors looking to enter the property market or expand their existing portfolio. The studio's modern design and thoughtful layout ensure that every inch of space is utilised to its fullest potential, creating a comfortable and stylish environment for its residents.
The Baltic Triangle is known for its creative atmosphere, with an array of trendy bars, restaurants, and cultural venues just a stone's throw away. This prime location not only enhances the living experience but also contributes to the strong rental potential of the property.
Important Information for Buyers:
Mortgage Buyers: Those considering a mortgage should thoroughly assess the property with their lender before placing a bid.
Buyer Costs: A Buyer Information Pack is available and must be reviewed before bidding. The winning bidder will be charged £350 (plus VAT where applicable) for this pack.
A Reservation Fee of 4.5% of the final purchase price (minimum £6,600 including VAT) is payable by the winning bidder. This fee is non-refundable and secures the property for the buyer during the Reservation Period. The Reservation Fee is separate from the purchase price but is considered when calculating Stamp Duty Land Tax (SDLT).
Additional Services: The estate agent or auctioneer may recommend third-party services. If a buyer chooses to use these, the agent or auctioneer may receive a commission from the provider.
Buyers should ensure they understand the auction terms before proceeding.
* 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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