Bay Tree Hill, Liskeard, Cornwall, PL14

AUCTION GUIDE PRICE £100,000 - £125,000. For Sale by Public Auction on Wednesday 08th OCTOBER 7pm at Lifton Strawberry Fields, Lifton, Devon, PL16 0DH.

Excellently situated within the heart of the Cornish Market town of Liskeard, a rare opportunity arises to purchase a long leasehold of four, one bedroom flats located on the first and second floors with excellent income potential.

This unique Grade II listed property is an excellent investment opportunity with a generous yield and ongoing assured shorthold tenancies for two of the flats.

The building is conveniently located within walking distance of many of the town’s local amenities, with all of the flats being generously proportioned and having a history of long-standing tenants.

Tenure
The property is Leasehold and the term is 999 years from and including the date of 08th March 2018. Kivells are informed by their client that 1/3 of the insurance for the building, details of this will be included in the legal pack.

Rental Income
Two of the flats within the building are currently rented on assured shorthold tenancies receiving an annual income of £12,000. The remaining two flats are available for immediate occupancy with the potential for a passing rent of £650.00 each, per calendar month.

Auction Venue & Date
Lifton Strawberry Fields, Lifton, Devon PL16 0DH on Wednesday 08th October 2025 at 7pm.

Registration
Please note ALL BIDDERS, including Kivells existing clients, will need to register with Kivells on the night of the auction in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the "Regulations") – as of 26th June 2017.

Bidders will be required to provide one form of government issued photographic identity and a utility bill addressed to them at their home address, dated within 3 months of the date of the auction. Failure to do this, may prejudice your ability to bid on the night.

Online Bidding
Online bidding registration will be available 10 days before each auction and all bidders must register at least 48 hours prior to the auction. For further information, please visit or contact your local Kivells office.

Buyer's Administration Fee
All successful buyers at Kivells’ Property Auctions should note that on exchange of contracts, a Buyer's Administration Fee of £2,000 plus VAT (Total: £2,400 inc VAT) is payable to Kivells on the night of the auction. This fee can be paid by either bank transfer, personal cheque or debit card. Please note if the lot is sold prior to auction, or afterwards, this fee remains payable. There are no discounts for multiple lots purchased and you must consider this when bidding/offering prior.
All interested buyer’s are advised to review the Auction Legal Pack prior to bidding, this can be obtained from Kivells website and is free to download.

Any fees that are owed in addition to the buyer’s administration fee will be included within the legal pack.

Solicitor
Mr James Outten, GA Solicitors, Gill Akaster House, 25 Lockyer Street, Plymouth, Devon, PL1 2QW.

Local Authority
Cornwall Council, Chy Trevail, Beacon Technology Park, Bodmin, Cornwall PL31 2FR.

Auction Payment
At the fall of the gavel the contract is legally binding and a 10% deposit (subject to a minimum fee of £5,000) will be required to be paid by the successful bidder.

The deposit has to be paid to Kivells as auctioneers and can only be paid in the form of a cheque or bank transfer.

This deposit is also payable for all lots that are sold prior to auction.

ALL bidders must only bid if they can make this payment.

Cheques must be drawn on a bank or branch of a bank in the United Kingdom, any other cheques may be rejected and it will the responsibility of the purchaser to ensure they have the correct method of payment available at each auction.

Easements, Wayleaves, Rights of Way
The property is offered for sale, subject to and with the benefit of all matters contained in or referred to in the Property and Charges Register of the registered title together with all public or private rights of way, wayleaves, easements and other rights of way, which cross the property.

Boundaries
Any purchaser shall be deemed to have full knowledge of all boundaries and neither vendor nor the vendor’s agents will be responsible for defining the boundaries or the ownership thereof.

Should any dispute arise as to the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendor’s agent whose decision acting as experts shall be final.

Guide Prices
Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

The reserve price is the minimum price at which the property can be sold, both the guide price and reserve price may be subject to change up to and including the day of the auction.

Please note that all prices listed, whether prior to or post auction, are subject to contract.
The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price.

It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

Services
Mains water, drainage and electricity.

EE Rating - Flats A & B—Rating D. Flats C & D—Rating E

Council Tax band - All Flats are Band A

Directions
What3Words – being.tripods.equality

Virtual Tour


Viewings strictly by appointment only
Please ring to view this property and check availability before incurring travel time/costs. Full details of all our properties are available on our website