Auction House London

Lot 162

Town House - Houses 

14 Lugsmore Lane

St. Helens, Merseyside, WA10 3DL

Sold prior to auction for an undisclosed amount.

A Five Bedroom Mid Terrace Licensed HMO Building Fully Let Producing a Combined Income of Approximately £22,716 Per Annum. Offered With Planning Permission for Conversion of the Garage to Provide an Additional Bedroom

Description

The property comprises a two storey mid terrace building with a licensed HMO currently arranged over ground and first floors.

Tenure

Long Leasehold. The property is held on a 999 year lease from November 1892 (thus approximately 870 years unexpired).

Location

The property is situated on a residential road in St Helens close to local shops and amenities. Whiston hospital is a short drive or bus ride from the property. The open spaces of Thatto Heath Park are within easy reach. Transport links are provided by St Thatto Heath rail station.

Accommodation

Ground Floor
Communal Open Plan Kitchen/Dining Room
Two Bedrooms with En-suite
Garage

First Floor
Three Bedrooms with En-suite

Exterior

a private rear garden

Planning

St Helens Borough Council granted the following planning permission (ref: P/2021/0838/HHFP) on 4th Nov 2021: 'Demolition of existing outhouse and erection of a single storey rear extension.

Tenancy

The property is subject to HMO individual Tenancies at a combined rent of £1,893 per calendar month (Please refer to the legal pack for the Tenancy Schedule).

Addendum

Further from the original advertised details all five bedrooms have an en-suite and the property is held on a long Leasehold with approximately 870 years unexpired).

Joint Agent

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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*Sold for £88,000.

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