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1 bed property, in Princes Dock, £87,500
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1 bed flat

Princes Dock, 1 William Jessop, Liverpool L3
Auction
£87,500

Our Summary

  • Sold under auction conditions
  • Sold under auction terms, on A buy-it-now basis, with immediate exchange required
  • No set auction date
  • ***sold with tenants in situ***4th floor apartment***1 bedrooms***open-plan living area*** excellent investment opportunity***current rental income £825PCM/9,900PA***see legal pack for details of the lease & tenancy***The seller has completed and served a leaseholder deed of certificate under the Building Safety Act, with the statutory process underway
  • ----------------------------------------------------------------------Auction Method:The auction for this property will be conducted on a buy it now basis through our online-bidding platform
  • This is a “Buy It Now” auction, so there are no other lots being sold alongside this property
  • The timeslot for the auction is displayed on the right hand side
  • Pay a non-refundable auction fee (‘Buyer’s Fee’) of £5,000(+VAT), which is equal to £6,000(inc
  • If you fail to complete the sale, the seller can bring a claim against you personally for losses suffered and we may pursue you for unpaid auction fees
  • Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by bank transfer
  • Follow this link, you will then be directed to create an account with Auction Passport to view the documents
  • The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack

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Description

The property is a 4th floor apartment with 1 bedroom, situated in a building with tenants in situ. It has an open-plan living area and excellent investment potential, generating current rental income of £825 PCM (£9,900 PA).