Auction-ready investment close to Lark Lane and parkland amenities.
Ground-floor one-bedroom flat, open-plan living room/kitchen
A one-bedroom ground-floor flat within a Victorian terrace, positioned a short walk from Lark Lane and Sefton Park. The layout offers an open-plan living room/kitchen, separate bedroom and bathroom, and the apartment benefits from double glazing, gas central heating and off-street parking. With an estimated rental value of about £10,200 per annum, the property suits investor buyers seeking immediate lettings or buyers wanting a central base near local amenities.
This is a leasehold lot sold at auction with a guide price of £70,000+. The lease commenced 1 April 2004 (125 years); the remaining term is approximately 104 years. Annual costs include a service charge of £1,118.79 and ground rent of £100. The EPC is D and council tax band A, so running costs are relatively low, but planned maintenance and communal charges should be factored into returns.
Notable negatives include the property’s location in a very deprived area with high local crime statistics — factors that can affect both rental demand and long-term capital growth. The building is original solid brick construction with assumed lack of wall insulation, which may require further investment to improve thermal performance. The lot is sold vacant and will be offered at a virtual auction; buyers should allow for the accelerated purchase timetable and auction fees.
For investors this is a straightforward, let-ready geometry close to popular student and professional amenities. For an owner-occupier seeking a city-base or single-person home, the setting is lively and well connected but comes with higher local crime and area deprivation realities. Budget for potential retrofit work to improve insulation and to sustain marketability in the local lettings sector.
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