3 Overbury Street, Edge Hill, Liverpool L7 3HJ

Lot Number 5

Due to COVID-19, our April auction will go ahead as planned but will be held exclusively online commencing 12 noon 2nd April 2020 and ending 12 Noon 3rd April 2020.
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About this property

Addendum To Printed Catalogue

The guide price has been reduced to £200,000 plus


A three storey 5 bedroomed mid town house currently fully let to students on a single Assured Shorthold Tenancy producing £20,100 per annum to include all bills, with scope to increase the rent to £22,100 if changed to a 52 week tenancy. There is also potential to add a further bedroom subject to obtaining the necessary planning consents which would increase the rent by £4,020 per annum. The property is fully HMO Compliant and benefits from double glazing and central heating.

Listed By

Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY

t. 0151 207 6315
f. 0151 207 6316
auctions@suttonkersh.co.uk

Full Description

Situated

Fronting Overbury Street just off Harbord Street within walking distance to local amenities, Liverpool City Centre and Liverpool Universities.

Ground Floor

Vestibule, Hallway, Communal Lounge, Kitchen/Breakfast room, WC.

First Floor

2 Letting rooms, Shower/WC.

Second Floor

3 Letting rooms.

Outside

Yard to rear.

The Auction will go ahead as planned but will be held exclusively online commencing 12 noon 2nd April 2020.

GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Photos
Map

3 Overbury Street, Edge Hill, Liverpool

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Dynamo

* Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyer's Fee

The successful purchaser will also be required to pay a Buyer's Administration charge of 1% of the purchase price subject to a minimum fee of £1,000 + VAT (£1,200 including VAT @ 20%) (unless stated otherwise within the property description in the catalogue) on each Lot.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees)