This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1 bedroom Flat for sale, Wellington Road, Toxteth, Merseyside, L8
Features and Description
- Modern Method of Auction
- No Onward Chain
- Vacant Possession
- Owner Occupier & Investors Welcome
Modern Method Sale - Guide Price £40,000 + reservation fee - No Onward Chain
Very rare to market, with very few private owner's in the building, is this great-sized one bedroom, Ground floor flat which is being sold with vacant possession. The property comprises; entrance hall, bedroom, family bathroom with storage cupboard. Up to the upper floor, an open-plan living space with fitted modern kitchen.
All windows are metal-framed, double glazed, fitted Gas combi boiler. The property also benefits from resident parking to the rear of the building.
Its location has great transport links with excellent access off Park Road & is a short drive to the City Centre of Liverpool and bus routes in & out of the city.
Council Tax band - A
EPC Grade - C
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, I AmSold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with I AmSold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by I Am Sold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
EXTERNAL / COMMUNAL
Secure fob access to building, stairs & lift access to all floors, unallocated resident parking to rear of building.
Entrance Hall
Entrance to the apartment, storage cupboard to the left, access to bedroom & bathroom, stairs to first floor.
Bedroom
3.408m x 2.884m (approx)
Great sized double bedroom with space for king sized bed & free standing wardrobe, high ceilings and large window.
Bathroom
2.198m x 1.928m (approx)
Modern fitted three piece bathroom suite, bath & shower facilities, toilet & wash basin.
Living Room
3.456m x 3.284m (approx)
Open-plan living space to kitchen, huge bay-windows for amazing natural light.
Kitchen
2.654m x 2.456m (approx)
Modern fitted kitchen with light from window in stairwell, views of Welsh Mountains.
General Info
Lease: 125 years from 01/04/2008 (108 years remaining approx)Service charges: £3,876 per annum (£2,400 per annum included for sinking fund - likely to decrease in future)Ground rent: Included in S/C
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Wellington Road, Toxteth, Merseyside, L8
Additional Information
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Property refLIV240204
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EPCC
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TenureLeasehold
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Lease length108 years
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Council TaxA
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service Charge£3,876
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