Property for sale
Key information
Features and description
- Investment Property
- Comprising 4 Self Contained Flats
- South Shore, Blackpool
- Close to Town Centre and Promenade
- Mid Terraced Double Fronted Property
- Priced to Sell
- Draws £18,360 per annum
- Retirement Sale
- Excellent Potential
We are pleased to offer to auction these 4 Self-Contained Flats.
This mid terraced double fronted property is situated in South Shore Blackpool, being close to the town centre, amenities and Promenade.
Viewing Recommended.
Please note we have not inspected this property.
Rooms
Location
The subject property is located on Dale Street within the town centre of the seaside town, Blackpool. The situation is equal distances from the promenade to the west and Blackpool train station to the south, providing ease of transport for tourists visiting the area.
Blackpool is located at the end of the M55, leading from the M6. The property is 19 miles west of Preston and 53 miles north west of Manchester.
Accommodation
Ground Floor
Communal Entrance leading to:
Hallway.
Flat 1
Lounge.
Fitted Kitchen.
Bedroom.
Bathroom comprising 3-piece suite with shower over bath.
Toilet.
Utility Room.
First Floor
Flat 2
Lounge with alcove Fitted Kitchen.
Bedroom.
Shower and Toilet.
Flat 3
Lounge with alcove Fitted Kitchen.
Bedroom.
Shower and Toilet.
Second Floor
Flat 4
Lounge.
Kitchenette.
Bathroom comprising 3-piece suite with shower over bath.
Bedroom.
EXTERIOR; Small Yard to the rear.
Business
When let Flat 1, 2 and 3 draw £380 pcm. Flat 4 draws £390 pcm.
Annual income when fully let is £18,360.
Tenure
Freehold. Title number LA572897.
Council Tax
All flats band A.
EPC
All available upon request.
Flat 1: Rating D
Flat 2: Rating C
Flat 3: Rating C
Flat 4: Rating C
Agent Notes
The property is Double Glazed.
All Flats have Card Electric Meters.
Sales are subject to the fees, terms and conditions of Pattinson Auctions.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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