Property Details

“20-22 Holland Street Fairfield , L7nnFOR SALE BY UNCONDITIONAL ONLINE AUCTION, CONTACT US TO DISCUSS HOW TO PLACE A BID.nnOff Prescot Road (A57) in the Fairfield District approximately 3 miles from Liverpool City Centre.nnGround FloornFlat 1 – Entrance Hall, Living Room, Kitchen, Bedroom, Bathroom/W.CnFlat 2 – Entrance Hall, Living Room, Kitchen, Bedroom, Bathroom/W.CnnFirst FloornFlat 3 – Entrance Hall, Living Room, Kitchen, Bedroom, Bathroom/W.CnFlat 4 – Entrance Hall, Living Room, Kitchen, Bedroom, Bathroom/W.CnnSecond FloornFlat 5 – Entrance Hall, Living Room, Kitchen, Bedroom, Bathroom/W.CnnOutsidenWalled & Gated yard to rear.nnTenurenSee Legal PacknnLegal PacknThe legal pack will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.nnnGuide Prices and Reserve PricesnEach property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our SDL Auctions website.nnnOnline Auction RegistrationnEvery online bidder on SDL Auctions must first create an account on the online section of the SDL Auctions website – sdlauctions.co.uk/property-auctions/online/nnThis is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction ‘Terms and Conditions’. Once you have done this you will be able to search, ‘watch’ lots and download legal documents.nnAfter starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.nnIn order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.nnnConditional Online Auction ProcedurenIf you are the successful bidder you will be legally obliged to buy the property for the full purchase price. You will enter into a reservation agreement with the seller and have 40 business days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 40 business day reservation period the sale is secure and the seller is not able to accept other offers. By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.nnThe sale of each Lot is subject to a reservation fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.nnWe will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer.nnFull terms and conditions are available on the SDL Auctions website – sdlauctions.co.uk/wp-content/uploads/2019/04/SDL-Auctions_buyer-terms.pdf”