Lot 4 - 15 Fairfield Crescent, Fairfield, Liverpool, Merseyside, L6 8PH

  • Unconditional Online Auction Sale
  • Guide Price* : £255,000 plus

Addendum

The combined annual equivalent gross income is £26,700.

  • Residential Investment
  • Annual equivalent gross income £26,400
  • Four Flats in a semi-detached building

Residential investment comprising a period building converted in four flats (3 two beds and 1 one bed) let at an annual equivalent income of £26,700

Description

*VIDEP TOUR AVAILABLE ON REQUEST* The property comprises a large semi-detached period property that is converted into four flats (3 two beds and 1 one bed) sold with tenants in situ. The individual flats are let on a mixture of periodic monthly tenancies and AST at a combined annual equivalent income of £26,700.

Location

Fairfield Crescent is situated close to Newsham Park and Garden and close to local amenities on Prescot Road. Liverpool city centre lies approximately miles to the west.

Tenure

Freehold (together with the long leasehold interests in each of the flats copies of which are in the Legal Pack).

Accommodation

Flat 1: Large 1 bed, 1 lounge, modern kitchen and bathroom, access through front steps

Flat 2: 2 bedrooms, one having an ensuite shower room with WC and sink, living room, bathroom a kitchen with small utility. In the basement, and accessed via steps and a private front door at the left hand side of the property.

Flat 3: 2 bed, living room, kitchen, bathroom. The flat benefits from a private balcony. The flat is split level, with the bathroom being down a set of stairs. Located on the first floor, and accessed via steps and a communal door at the left hand side of the property.

Flat 4: - Large 2 bed , 1 lounge, kitchen, bathroom access via side steps

Outside

Communal driveway and gardens.

Tenancies

Flat 1: Let from 29/8 on 12 month AST at £550 pcm.
Flat 2: Let from 21/8 on 6 month AST at £550 pcm.
Flat 3: Let from20/03 on 12 month AST at £550 pcm.
Flat 4: Periodic tenancy at a rent of £575 pcm

EPC

Each unit has an energy asset rating of D.

Council Tax Band

A

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2400 (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.

* 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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Office Contact

James Ashworth
0161 967 0122

Important Documents

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