Low‑entry auction investment close to Liverpool city centre with long lease.
Third‑floor one‑bedroom apartment in Victorian mid‑terrace building
A compact one‑bedroom third‑floor apartment in a Victorian mid‑terrace building, offered as a clear investment opportunity in Tuebrook. The flat sits within easy reach of West Derby Road bus routes and is a short drive to Liverpool city centre, making it attractive to renters who commute. The property benefits from a long lease (990 years), double glazing and gas central heating (boiler and radiators).
Practical running costs include an annual service charge of £1,255 and ground rent of £250. The property will be sold via an online auction method with a starting bid of £15,000; buyers should note the buyer fees: a £300 buyer information pack, and a non‑refundable reservation fee of 4.5% of the purchase price (minimum £6,600). Completion is required within the auction’s reservation period, so purchase timelines are accelerated.
The area shows strong local amenities—cafés, shops and regular public transport—however the neighbourhood records above‑average crime and is classified as very deprived locally. The building dates from 1900–1929 and walls are assumed to be solid brick with no cavity insulation, so further upgrading or insulation works may be needed for long‑term comfort or rental premium.
This is best suited to investors seeking a low entry price in a well‑connected part of Liverpool. Inspect carefully (the agent has not carried out an internal inspection) and factor auction costs and any refurbishment or insulation work into your purchase calculations.
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