- For Sale by Auction - T & C"s apply
- Reservation Fee applicable
- Subject to an undisclosed Reserve Price
- The modern method of auction
Ideal for an investor looking to profit on the HMO market in the popular area of L17, close to attractions such as Lark Lane and Sefton Park. Otherwise if you wish to live in this property it also has a huge amount of potential to be the perfect family home one dreams about. The property situated just off Aigburth Road is placed in an ideal location close to shops, restaurants, salons and much more. Other attractions include Sefton Park and Lark Lane full of vibrant bars. Accommodation comprises; entrance hallway, front facing lounge, rear lounge, separate kitchen, rear yard. Upstairs comprises; two large doubles, a spacious single and a family bathroom. This property has had a new boiler fitted (July 2019) and damp proof course in 2017.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer`s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete.
Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by North West Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.
marshallets limited endeavour to make our property particulars accurate and reliable, however, they do not constitute or form part of any offer or contract and are not to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective renters only, and are not precise. If you require clarification or further information on any points, please contact us.