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For Sale By Auction | 02:00 pm, 13 February 2018 | Lot 16

Adlington House Head Lease Flat 2 21 Livingston Drive, Liverpool, Merseyside, L17 8XY

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Sold £96,000

  • Flat
  • 2 Bedrooms
  • Tenure: to be Confirmed in Legal Pack

Call the team on 01772 772450 for more information

Auction Date

Tue 13/02/2018

Auction Time

02:00 pm

Auction Venue

Macron Stadium, Platinum Suite, De Havilland Way, Bolton, BL6 6SF

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Two Bedroom Lower Ground Floor Flat plus Headlease of 10no. Flats Producing £1,000 pa

To be sold on behalf of mortgagees not in possession & therefore no viewings are available. The property is the head leasehold title of 10no. flats together with Flat No.2 , Adlington House. Flat 2 has not been inspected but is believed to be a two bedroom lower ground floor flat comprising lounge, kitchen, 2 bedrooms and 2 bathrooms. The Lot also includes the headlease of the block, out of which are 10no underleases have been sold off on long leases. We have only had sight of one of the leases which is for a term of 125 years from 2003 at a rental of £100 per annum with no rent review provision. We have therefore assumed the other leases are identical. The total rental income is therefore assumed to be £1,000 per annum. Adlington House is a converted detached Victorian Villa, situated on a corner plot at the junction of Livingston Drive South and Normanton Avenue in a desirable location close to Sefton Park and Lark Lane and is convenient for transport links into the city centre. We informed that Section 5 Notices have been served.

Tenure

to be Confirmed in Legal Pack

Viewing

No internal access for viewings

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Liverpool City Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £900.00 including VAT payable in addition to the Administration Fee

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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