The property is sold with vacant possession.
The subject forms the upper floors of a substantial detached Grade II Listed building and consists of 4No self-contained flats (2no four bedroom duplex flats, 1no two bedroom duplex and 1no three bedroom flat) providing 13no en-suite bedrooms in total. Flats 1 and 4 are in reasonable condition with Flats 2 and 3 and the communal areas requiring completion works.
The property is located at the junction of Lodge Lane (B5173) and Smithdown Road (A562) in Edge Hill an inner city suburb of Liverpool, approximately 1/2 mile south east of the city centre.
The immediate vicinity is residential and popular with students. Local amenities are provided to the subject road to include convenience store and Rowland Pharmacy.
The premises are held under a long leasehold title for a period of 999 years from 26th January 2004 at a peppercorn rent.
Flat One - (First Floor) Hall, Kitchen, Utility Room, Bedroom, En Suite. (Second Floor) - Hall, Bedroom and Bathroom 76.81 sq m (827 sq ft)
Flat Two - (First Floor) Hall, 2No En Suite Bedrooms and Kitchen. (Second Floor) - Hall, 2No Bedrooms and 2No Bathrooms 123.52 sq m (1,330 sq ft)
Flat Three - (First Floor) Hall, 3No En Suite Bedrooms, Hall and Kitchen 73.17 sq m (788 sq ft)
Flat Four - (First Floor) Hall, 3No En Suite Bedrooms and Kitchen (Second Floor) - Hall, Bedroom and Bathroom 98.43 sq m (1,059 sq ft)
EPC Ratings as follows: Flat One - E Flat Two - D Flat Three - E Flat Four - E
There will be a Buyer's Administration Fee of £1,500 plus VAT payable upon exchange of contracts.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.