This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
£20,000
Flat for sale, Chatham Place, Liverpool, Merseyside, L7
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Features and Description
- Ideal Investment Property
- Generous Studio Apartment
- Modern Kitchen & Shower Room/WC
A perfect opportunity for investors to purchase a studio apartment located in Liverpool.
Ideal investment property. Located just minutes from local shops and main bus routes in to the centre make this a perfect investment property.
The property is situated on the fourth floor and briefly comprising of open plan living room/bedroom with a fitted kitchen comprising of integrated hob and sink. There is a separate three piece bathroom with W.C, sink and shower cubicle.
The communal areas of the development are fob access, with lift and stair access to all floors, secure intercom system.
EPC Grade B
Council Tax Band - A
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAmSold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with I AmSold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by I Am Sold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Kitchen / Lounge / Bedroom
17'8" x 15'12" (5.38m x 4.87m)
Double glazed windows and electric heaters. Laminate flooring. Range of fitted kitchen units.
Shower Room / WC
6'1" x 4'12" (1.85m x 1.52m)
General Information
Lease - 250 years from and including 1 January 2016The service charges are made quarterly, based on the contract payments.Service Charge for the period 1st Oct - 31st December 2021- £424.09Service Charge deduction for the period 1st Jan - 31st March 2022- £400.85Currently Let at £127 per week
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Chatham Place, Liverpool, Merseyside, L7
Additional Information
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Property refLIV260083
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EPCB
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TenureLeasehold
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Lease length239 years
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Council TaxA
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Ground Rent£250
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Ground Rent ReviewContact the branch
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Service Charge£1,600
Do you have a property you need to sell?
Reeds Rains Estate Agents Liverpool
Reeds Rains Liverpool
24b North John Street, Liverpool, L2 9RP
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Monthly payment
£
Borrowing £18,000 and repaying over 25 years with a 2.5% interest rate.
Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.
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Energy Efficiency Rating
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Current
85Potential
85CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs