Reynolds Lodge, Church Road, Woolton, Liverpool L25 6DF

Situated

At the entrance of Reynolds Park at the top of Church Road in a popular and well established residential location within close proximity to local amenities, Schooling and transport links approximately 7 miles from Liverpool City Centre.

Ground Floor

Hall, Lounge, Kitchen, Dining room.

First Floor

2 Bedrooms, Bathroom/W.C.

Outside

Gardens.

Tenure

Tenure: New 250 year lease with a condition to repair and refurbish the property, urgent repairs to be carried out within 12 months & a full refurbishment of the property to be carried out within 36 months of the lease commencement date.

Planning

The property is in structural disrepair and therefore may not qualify for traditional mortgage lending.
The city council requires a Conservation Accredited Structural Engineer to be appointed on legal completion completion of the sale to inspect & make an assesment of the building and prepare a schedule of acceptable Conservation repair of the structure, prior to the building being occupied. This is also to be in agreement with the Council’s Conservation & Planning Officers.
The repairs to the building are to be carried out by the purchaser at the earliest opportunity and within 12 months of the lease commencement date to prevent further deterioration of the building. If the purchaser fails to implement the urgent repairs this may result in urgent works notices being served by the Council.
A full refurbishment of the property is also required within 36 months of the lease commencement date, subject to appropriate planning consents.
All enquiries are to be made with the City Council’s Conservation Officer on :
T : 0151 233 3021 E: planning.urbandesign@liverpool.gov.uk

Fees

Fees: In addition to the purchase price the purchaser will also be responsibe for payment of the councils surveyor’s and legal fees at 3% of the purchase price.

Buyers fee

Please note the buyer fee for this property is £750.00+ vat

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.