1 bedroom property for sale
Key information
Features and description
- Three Apartments In Heysham
- Flat 2 is currently let at £420pcm and Flat 3 is £400
- Long Term Tenants In Situ for Apartments 2 & 3
- MASSIVE Potential For Improvement & Value Add
- Short Walk To Promenade, Town Centre & Eden Development Site
- Sold With No Chain Delay
We are pleased to offer to auction this three one bedroom apartments set over three floors of accommodation along with lower ground floor cellar space.
One apartment is currently rented at £400pcm and the other at £420pcm with the ground floor apartment needing cosmetically upgrading.
Great investment opportunity in Heysham. Three one bedroom apartments set over three floors of living accommodation.
Currently the first and second floor apartments are rented out at £420pcm and £400pcm but subject to improvements and relevant and appropriate reviews, there is a great deal of value to add to the property and overall investment.
Please note we have not inspected this property.
Rooms
Location
Marlborough Road is in Heysham, near Morecambe in Lancashire. It's a quiet residential street with easy access to local shops, schools, and parks. The area offers beautiful views of Morecambe Bay, and Morecambe town is nearby with more services and transport links, making it a great place to live.
Accommodation
Ground floor apartment is in need of cosmetic upgrading but provides a fantastic opportunity to value add and increase yield. There are two spacious reception rooms along with a bedroom, fitted Kitchen, shower room and access to rear patio.
The first floor apartment comprises of a large bedroom, lounge area, storage room, split level Kitchen and a bathroom with shower over the tub.
The top floor apartment is a split level with bedroom, spacious and maintained Kitchen area along with a well proportioned shower room.
Tenure
Freehold. Title number LA626781.
Council Tax
Band A.
EPC
All available upon request.
Flat 1: Rating D
Flat 2: Rating C
Flat 3: Rating C
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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