Summary - 171 Scargreen Avenue, LIVERPOOL L11 3BA
1 bed 1 bath Flat
Compact auction lot for investors seeking refurbishment-led rental returns.
- One-bedroom second-floor flat above retail premises, circa 463 sq ft
- Long lease remaining (approximately 230 years)
- EPC D; solid-brick build, potential for energy improvements
- Requires modernisation and likely internal refurbishment works
- Auction sale: 5% deposit and buyers' fee (4.8%, min. £6,000)
- Legal pack lacks leasehold sale pack; make independent enquiries
- Located in very deprived area; crime above local average
- Reported strong local rental demand; high-yield investment potential
A compact one-bedroom leasehold apartment above retail premises, offered at auction with a low guide price. The flat sits on the second floor of a mid-20th-century building and presents a clear investment case: a long lease (circa 230 years) and reported local rental demand that could deliver a high yield. Council tax band A and no flood risk add to running-cost advantages.
The property will be sold under auction terms — buyers should note binding contracts on sale, a 5% deposit (min. £5,000) and a buyer’s fee (4.8%, min. £6,000 inc. VAT). The legal pack does not include a leasehold sale pack, so make independent enquiries about the lease, service charge and any commercial element before bidding. EPC rating D and the building’s solid-brick construction indicate scope for energy and comfort improvements.
Internally the flat is average sized (approx. 463 sq ft total area) with standard ceiling heights. The building and flat require modernization: the commercial ground floor and residential areas show dated fixtures and will likely need renovation to maximise rent or resale value. The surrounding area has good transport links and amenities but sits within a very deprived locality with above-average crime rates, which will affect tenant profile and management considerations.
This is a straightforward buy-to-let proposition for investors prepared to manage refurbishment and lettings in a challenging neighbourhood. The long lease and strong local rental demand are the principal strengths; the auction structure, additional fees, and location factors are the main caveats to budget for.
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