Greenbank Drive, Sefton Park
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
10
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- BLOCK OF FLATS FOR SALE
- MODERN METHOD OF AUCTION
- 6 FLATS ON ONE TITLE
- PARKING FOR 10 CARS
- OPTION TO EXTEND INTO ANNEXXED GARAGE
- VACANT POSESSION POTENTIALLY AVAILABLE
- SOUGHT AFTER LOCATION
Description
Nestled in the desirable area of Sefton Park, Greenbank Drive presents an exceptional opportunity to acquire a block of flats within a splendid Victorian villa. Converted in 2005, this impressive property encompasses six larger-than-average apartments, comprising four two-bedroom and two one-bedroom units, all boasting solid oak flooring and secondary glazing for added comfort.
This freehold property is under a single title, offering the potential for commercial classification under Stamp Duty Land Tax (SDLT). Alternatively, it can be divided into six separate titles, providing flexibility for future investment strategies. The current gross income stands at an attractive £61,200 per annum, with the potential to increase to £70,000, yielding an impressive 8%.
The property features a car park accommodating up to ten vehicles, ensuring ample parking for residents and guests. A communal garden at the rear offers a tranquil outdoor space for relaxation, while a communal cellar provides convenient storage options for all tenants. Additionally, there is an annexe currently used for storage, which has planning permission to be converted into a three-bedroom flat, enhancing the property's appeal and potential rental income.
Situated close to the vibrant amenities of Smithdown Road, as well as the picturesque Sefton Park and Greenbank Park, this location is ideal for those seeking a blend of urban convenience and natural beauty. With an Energy Performance Certificate rating of C or D, this property not only offers a lucrative investment opportunity but also aligns with modern energy efficiency standards.
In summary, this block of flats on Greenbank Drive is a remarkable investment opportunity, combining spacious living, excellent income potential, and a prime location in one of Liverpool's most sought-after areas.
Important Information for Buyers:
Mortgage Buyers: Those considering a mortgage should thoroughly assess the property with their lender before placing a bid.
Buyer Costs: A Buyer Information Pack is available and must be reviewed before bidding. The winning bidder will be charged £300 (including VAT) for this pack.
A Reservation Fee of 4.5% of the final purchase price (minimum £6,600 including VAT) is payable by the winning bidder. This fee is non-refundable and secures the property for the buyer during the Reservation Period. The Reservation Fee is separate from the purchase price but is considered when calculating Stamp Duty Land Tax (SDLT).
Additional Services: The estate agent or auctioneer may recommend third-party services. If a buyer chooses to use these, the agent or auctioneer may receive a commission from the provider.
Buyers should ensure they understand the auction terms before proceeding.
Brochures
Greenbank Drive, Sefton ParkCLICK HERE TO VISIT AUCTION SITE- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Greenbank Drive, Sefton Park
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Visit our security centre to find out moreDisclaimer - Property reference 33694578. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hunters, Liverpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hunters, Liverpool on 0151 453 3056.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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