Three Apartments Plus Freehold – Holiday Let/Investment

A great opportunity to purchase three individual flats (all one bedroom) within the same block, including the freehold. All apartments are available fully furnished will all items included. Located one street back from the Promenade, this is great investment opportunity which could achieve a monthly rental income of between £500pcm - £600pcm depending on condition and floor or the potential to use as a holiday let (subject to planning). Flat 1 – located on the ground floor including a kitchen, living/dining room and double bedroom with en-suite and dressing room. Flat 2 – Located on the first floor including kitchen, separate living room, double bedroom with fitted wardrobes and en-suite. Flat 4 – Located on the second floor including an open plan kitchen / diner / living area and a double bedroom with en-suite. Freehold Included within the same title as flat 2. Bringing in an income from flat 3 of £200pa ground rent and £700pa service charge. Tenure: Freehold included Title number: LAN216654, LA796600, LAN216655 Length of Lease/Term: 999 years commencing on and including 2 August 2018 Council Tax Band : A (all apartments) Local Authority: Blackpool Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating Flat 1: TBC, Flat 2: D, Flat 4: E

Local Authority

Blackpool Borough Council

Solicitors

Birchall Blackburn Law, 38-46 Avenham Street, Ref: Stephanie Costich, Tel: 01772 552206

Additional Fees

Buyer's Premium - 1.8% inc VAT of the purchase price, payable on exchange of contracts.

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.