Lot 1 - Flat 7 Fowlers Buildings, 7 Victoria Street, Liverpool, Merseyside, L2 5QA
- Unconditional Online Auction Sale
- Guide Price* : £47,500 plus
- 1st Floor 1 bedroom flat
- Some refurbishment required
- Convenient city centre location
ON BEHALF OF COURT APPOINTED RECEIVERS: Vacant second floor one bed apartment
Description
*VIDEO TOUR AVAILABLE UPON REQUEST* Situated within a converted period building on the first floor, the apartment comprises the property comprises hall, bathroom and open plan kitchen/lounge and a bedroom with predominantly laminate floors and plastered and painted walls with exposed brick and vaulted ceilings to the open plan kitchen/lounge and bedroom. The bathroom comprises shower over bath, WC, and sink with linoleum floor and tiled walls, and the kitchen includes a number of fitted units and cupboards, but the oven/hob and other appliances have been removed.
Location
The subject is located on the periphery of the Cavern Quarter, a district in the centre of Liverpool to the north side of Victoria Street, which is mixed use in nature and provides a range of
bars, night clubs, restaurants, hotels, and flats. within walking distance are further amenities within the city centre to include Liverpool One, a selection of shops, restaurants, hotels, bars, museums, art galleries, and several railway stations. Moorfields is the nearest railway station and is within circa 0.3 miles.
Tenure
Leasehold for a term of term of 125 years (less 3 days) from 1 January 2004 at an initial ground rent of £100 per annum, subject to index linked 5 yearly rent reviews. We note from the legal pack that the ground rent is still being charged at £100 per annum and the service charge is £ 1449.41 per annum.
Accommodation
Entrance hall, bathroom, open plan kitchen/lounge and a bedroom area -43.70 sq.m (417 sq ft)
EPC
Energy Asset Rating is D.
Council Tax Band
B
Lease Start Date
01/01/2004
Lease Duration
125 years (103 years unexpired)
Annual Ground Rent
£100 - reviewed every 5 years
Annual Service Charge
£1,449
Buyers Administration Fee
There will be a Buyer's Administration Fee of £3,000 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
3. The property is being sold under Proceeds of Crime legislation. Please see Legal Pack for further details.
* 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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