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THIS PROPERTY IS NO LONGER AVAILABLE

3 bed Residential Investment For Auction
Green Lane, Stoneycroft, Liverpool, L13

£65,000
  • Property at Green Lane, Stoneycroft, Liverpool

Key Features

  • For Auction on 28th July 2021
  • Lot 7

Full Description

View this property on a map Starting Bid £65,000

Three bedroom terraced house occupied on a lease for life - call 0161 443 4740 for more information.

** THERE WILL BE NO INTERNAL VIEWINGS AND INTERESTED PARTIES ARE REQUESTED NOT TO CONTACT NOR DISTURB THE OCCUPANTS **

8 Green Lane, Stoneycroft, Liverpool, L13 7EA.

TO BE SOLD BY ONLINE AUCTION ON 28 JULY 2021.

If you intend to borrow any money from a financial institution please make sure they are in a position to provide the funding in a timely manner. For further help you can call 0161 443 4740 to discuss your needs or email [email protected]

Important Information

Notice

Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions.

You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.

Additional Information

The accommodation has not inspected by Edward Mellor but advised by the sellers to comprise: Ground: Hall, open plan living room and dining room, kitchen, shower room. First: Three bedrooms, bathroom. Small yard to front. Enclosed yard to rear.
The house is situated fronting onto the road, and there are a variety of commercial and industrial uses nearby, along with a high density of similar quality terraced houses.
Good location with excellent schools minutes away, frequent bus services, local shops, and central to three of the main hospitals in the City not to mention the M62 and Newsham Park And Garden.

Possession

Let under a lifetime Occupancy Agreement (commenced 24/06/96) at a contractual rent of £174.08 per week (9052.16 per annum). Potential yield of 14%.
The tenancy is for life and rents are contracted to increase on 01 April annually by an amount equal to the previous 12 months increase in the RPI (All Items) Index plus 2%.
Please refer to the legal pack for more information.
THERE WILL BE NO INTERNAL VIEWINGS AND INTERESTED PARTIES ARE REQUESTED NOT TO CONTACT NOR DISTURB THE OCCUPANTS

Auction Consultant Dealing With This Property

Kate Freer - 0161 443 4740.

In Order To Bid At Our Online Auction

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Important Notice

Before bidding, it is essential that you read our Online Auction Buying Guide. This is on our website www.edwardmellor.co.uk
ews/online-auction-buying-guide. You must not bid unless you have made yourself fully aware of the auction process. If you need help with this, please contact a member of the team.

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