Auction purchase with refurbishment or rental potential in central Liverpool.
12th-floor apartment with extensive city views
Vacant possession; freehold tenure
678 sq ft total — compact rooms, single bathroom
Guide price £50,000; sold via secured auction
Buyer pays 4.5% auction fee (min £6,600) and 10% deposit
High local crime and very deprived area — consider risks
Broadband and mobile signal are strong
Suitable for refurbishment/rental; services untested
Set on the 12th floor of a mid-century tower, this 3-bedroom apartment offers vacant possession and broad city views. At 678 sq ft the flat is compact; rooms are small and there is a single bathroom, so layout and modernisation will be needed to maximise value.
Sold freehold by secured auction with a guide price of £50,000, this lot suits buyers comfortable with auction conditions and immediate exchange obligations. Bidders must pay a non-refundable auction fee (4.5% inc VAT, minimum £6,600) and 10% of the purchase price on the day. A Buyer Information Pack must be reviewed before bidding.
The building sits in a high‑crime, very deprived part of Liverpool with constrained young families nearby and limited local resources. Broadband and mobile signal are strong, and there are several state primary and secondary schools within reach, some with good or outstanding Ofsted ratings.
This is a clear refurbishment or rental play rather than a move‑in ready home. Expect costs for redecoration, systems testing, and potential repairs; all services and appliances are untested and room sizes are modest. Investors seeking a low-entry auction purchase and prepared to manage refurbishment should consider viewing the legal and buyer packs closely.
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