Compact city-centre flat with refurbishment potential and a long lease, sold at auction..
Auction sale — virtual livestream, Thursday 11 Sept 2025
A compact city-centre flat offered for sale by auction with clear refurbishment potential. The property is leasehold with about 108 years remaining, an annual service charge of £1,035.32 and a small ground rent of £50. It is vacant and will need updating: current heating is by electric room heaters, glazing dates from before 2002 and internal works are required.
This lot sits on Bold Street in Liverpool L1 — a lively, multicultural student and city-centre neighbourhood with excellent mobile signal and plentiful local amenities on the doorstep. Guide price starts at £70,000+ and the sale will be by public auction (virtual livestream), so buyers should be prepared to proceed quickly and check auction terms.
Important practical points for buyers: broadband speeds in the building are reported very slow, crime levels in the area are very high, and the property’s description paperwork contains inconsistent bedroom information (some documents describe one bedroom). Prospective purchasers should verify the layout, measurements and legal pack before bidding.
For an investor or buyer comfortable with a short-term refurbishment, the flat’s central location, low council tax band and long lease offer upside once renovated. For an owner-occupier, expect a compact floorplate (c. 514 sq ft) and limited scope for large-scale reconfiguration without professional advice.