Call 0800 038 5996

Guide Price: £30,000.00

Traditional Auction

Unit 116, The Bridewell , Cheapside , Liverpool , L2 2DY

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CURRENT BID*

£25,500.00

(Place a bid)

AUCTION CLOSED

Lot Number: 34341187

Property ID: 63539864

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £26,000.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

£

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Guide Price

£30,000.00

Method of Auction

Traditional

Property Type

Flat

Number Of Beds

1

Tenure

Leasehold Property

Address

Unit 116, The Bridewell

Key Features

• Guide Price £30,000 - £40,000
• Ideal Investment Opportunity
• Student Studio Apartment
• On Site Gym
• Laundry Facilities
• Secure Fob Operated Entrances
• Tenanted
• Long Lease
• No Onward Chain
• Buyers Fee Applies
• Pre Auction Offers Considered
• Auction Pack Available on Request

Description

Guide Price £30,000 - £40,000

For sale by online auction is this modern studio flat situated in The Bridewell - a unique student accommodation development in Liverpool. The property is located within a 20 minute walk of University of Liverpool Students Main campus. The Bridewell offers various facilities such as an on site gym, laundry facilities, cycle store and free WIFI amongst numerous others. The property is currently tenanted for £433.30pcm.

Tenure: Leasehold.
Lease Length: 242 years remaining.
Service Charge: 1st September 2022 - 31st August 2023 = £1779.28pa - £444.82 paid quarterly.
Ground Rent: £250pa.

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property, you will be required to complete further identity checks for anti- money laundering purposes and provide card details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: L2 2DY

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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