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Bispham House, Lace street, Liverpool 1 bed apartment for sale
Bispham House, Lace street, Liverpool
£50,000
Bispham House, Lace street, Liverpool
£50,000
Our Summary
- Buyers should ensure they understand the auction terms before proceeding
- Auction property
Description
This 1-bedroom apartment in the L3 area of Liverpool is being sold via a secured sale method through Howsold. The property is currently tenanted and generates a rental income of £700 per month. The apartment features a living/kitchen area, a good-sized bedroom, and a bathroom, all of which are furnished. The property also comes with one off-road secure parking space, which could generate an additional £50 per month in income. The property is licensed under Liverpool City Council and has a service charge of £1,517 per year and ground rent of £275 per year. The buyer will need to pay a buyer's information pack fee of £350 (plus VAT) and a reservation fee of 4.5% of the final purchase price (minimum £6,600 including VAT). The property is being sold with the current tenant in situ, and the buyer will need to ensure they are happy with the current tenancy agreement before proceeding.