8 Bedrooms Flat for sale in Prescot Road, Old Swan, Liverpool L13 | £ 270,000

Property Description

*attention investors*

A unique opportunity has presented itself in the Fairfield area. The potential for this property is extraordinary due to its size, amount of bedrooms and location on a main road into the city centre. Work is needed on the property to truly maximise rent potential and add value. The property consists of eight good sized bedrooms, a large kitchen and living space, a second kitchen is located on the first floor and there are four modern bathrooms. As the location is close to the city centre and Liverpool Royal Hospital each room could be rented out separately or to a group of students or professionals. Transport links are very frequent and Edge Hill train station only a short walk away. Viewing is highly recommended to appreciate the building itself and it's potential. EPC Rating G.

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, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. 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 make payment of a non-refundable Reservation Fee of 4.2% of the final purchase price including VAT. This is subject to a minimum of £6,000.00 including VAT. This secures the transaction and takes the property off the market. Fees paid to the Auctioneer are considered as part of the chargeable consideration for the property by hmrc and will 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 form 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. The Reservation Fee is paid in addition to the final negotiated selling price.

Kitchen / Living Area (3.90m x 9.41m)

Kitchen 2 (3.63m x 4.33m)

Bedroom 1 (2.73m x 4.49m)

Bedroom 2 (2.15m x 3.15m)

Bedroom 3 (2.08m x 4.99m)

Bedroom 4 (2.06m x 4.59m)

Bedroom 5 (2.03m x 3.34m)

Bedroom 6 (2.68m x 3.15m)

Bedroom 7 (4.31m x 4.39m)

Bedroom 8 (3.98m x 3.63m)

Important note to purchasers:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is 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 buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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Property Location

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