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10 bedroom detached house for sale
Holly Road, Liverpool
£450,000
Holly Road, Liverpool
£450,000
Our Summary
- Large Grade Character 2 Listed Detached HomeRequires full renovation The property is available for purchase only to a person or organisation intending to use the property as a single Class C3 family dwelling
- In the event of sale, the buyer needs to be aware that thecontract of sale shall include a legal clause stating that, atany future date, should the use of the property change from a single Class C3 family dwelling into any other use (including flats or HMO), the vendors or their successors in title will be entitled to 90% of any resulting uplift in value (to be independently verified at that stage to be funded by the purchaser or any subsequent owner)
Description
This large, grade 2 listed detached home is available for purchase, but only to a buyer who intends to use it as a single-family dwelling. The property requires a full renovation and the buyer must agree to a non-negotiable clause in the contract of sale. This clause states that if the property is ever converted into a different use, such as flats or a house of multiple occupancy (HMO), the original vendors or their successors will be entitled to 90% of any resulting increase in value. This means that the buyer will be responsible for funding any increase in value if the property is converted in the future. The property is listed as a freehold and is located in Liverpool, with a council tax band yet to be determined.