Apartment 11, 11 Epworth Street, Liverpool, Merseyside, L6 1LU

Ref: Lot 14

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Town & Country Property Auctions East Midlands
Town & Country Property Auctions East Midlands

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

EXCEPTIONAL INVESTMENT OPPORTUNITY – RARE TOP-FLOOR 2-BEDROOM APARTMENT WITH PRIVATE CITY-VIEW TERRACE & TWO ALLOCATED PARKING SPACES

TCPA East Midlands are delighted to present this exceptionally rare investment opportunity: a beautifully maintained, top-floor two-bedroom apartment boasting its own private terrace with panoramic views across the city of Liverpool, together with the added benefit of TWO allocated private parking spaces.

Opportunities offering this combination of location, rental income, outdoor space and private parking are rarely available – making this an exciting proposition for both seasoned investors and those looking to expand their property portfolio.

STRONG RENTAL INCOME & FURTHER POTENTIAL

Currently achieving an attractive rental income of £1,100 per calendar month (£13,200 per annum), with the potential to increase to approximately £1,250 per calendar month (£15,000 per annum), subject to market conditions and achievable rental levels.

This provides investors with an opportunity to acquire an income-generating asset with further rental growth potential.

PROPERTY HIGHLIGHTS

Spacious two-bedroom top-floor apartment.

Master bedroom with its own en-suite bathroom.

Second bedroom.

Additional main bathroom.

Bright and comfortable living area.

Modern fitted kitchen.

Dedicated storage area / boiler room.

Private terrace offering impressive panoramic views across Liverpool.

TWO allocated private parking spaces.

Cladding works completed.

PRIME LOCATION – LIVERPOOL

Location is everything when it comes to property investment, and this apartment benefits from a highly convenient position, close to:

Major local hospitals.

Liverpool City Centre.

Excellent transport links.

A wide range of shops, restaurants and everyday amenities.

Local leisure and entertainment facilities.

Its strategic location makes it an attractive proposition for tenants seeking convenience and accessibility.

LEASEHOLD & PROPERTY COSTS

Tenure: Leasehold

Remaining lease: Approximately 112 years

Service charge: £375 per month

Ground rent: £250 per annum

WHY THIS INVESTMENT STANDS OUT

It is not simply another two-bedroom apartment.

It is an opportunity to acquire a top-floor property with a private panoramic terrace, two allocated parking spaces, established rental income and the potential for increased returns – all within a convenient Liverpool location.

The combination of these features makes this a particularly appealing addition to any investment portfolio.

HIGHLY ATTRACTIVE INVESTMENT – EXPECTED TO GENERATE STRONG INTEREST.

We anticipate considerable demand for this property and strongly recommend early enquiries and viewings to avoid disappointment.

Opportunities like this, offering rental income, additional parking, private outdoor space and future rental potential, do not come around often.

Contact TCPA East Midlands today to arrange your viewing and secure your interest in this exceptional investment opportunity.

Buyers Premium

* Plus 5% Buyers Premium plus VAT

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Lease Start Date

01/01/1914

Lease Duration

112 years ( years unexpired)

Annual Ground Rent

£250

Annual Service Charge

£4,500


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.

All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).

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