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5 bedroom flat for sale

122-124 Derby Lane, Liverpool

Guide Price* £160,000

Property Description

Full description

For Sale by Auction 12th February 2020

Large prominent corner property
Double fronted retail units
Previously used as public bar
Potential for HMO to upper floors
Scope to reconfigure & add value

This is a vacant large corner property that is configured to provide retail to the ground floor and residential accommodation to the first floor. The commercial unit was previously trading as a public bar, is double fronted, currently empty and has been taken back to a shell ready for fit-out. The upper floors provide a large flat with potential for 5-6 bedrooms and would make an ideal HMO subject to receiving all the necessary consents. There may also be potential to go into the loft to increase the number of bedrooms. The property benefits from double glazing, central heating and own private entrance to the side. 

The property is located on a busy main road within a highly populated residential area. Located a >5 minute drive from Old Swan Town Centre, the post office, Tesco, Aldi, Costa and other local amenities can be found.

Ground floor: Large open plan unit with 2 x toilet blocks to rear
First floor: Entrance hall, kitchen, 5 x rooms, shower room
Outside: Yard to rear, on-street parking

The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1250 + VAT, payable on the fall of the hammer.  The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.

More information from this agent

Listing History

Added on Rightmove:
20 January 2020

Map & Street View

Disclaimer - Property reference 10113038. The information displayed about this property comprises a property advertisement. 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 Venmore, Auction Department. 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.

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*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.”

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 Venmore, Auction Department on 0151 236 6746.

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