Three Apartments inc 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 ½ mile from the North Pier with views of Blackpool Tower, 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 ground floor including kitchen, separate living room, double bedroom with en-suite and access to a private yard. Flat 5 – Located on the second floor including a living room with separate kitchen, double bedroom and bathroom. Freehold Included on a separate title Bringing in an income from flat 3 & 4 of £275.26pa ground rent and £688.88pa service charge for each flat (combined £550.52 ground rent and £1,377.76 service charge). Tenure: Freehold included Title number: LAN214846, LAN214844, LAN214842, LA500232 Length of Lease/Term: 999 years commencing on and including 3 August 2018 Council Tax Band : Business Rates 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 All flats – EPC Rating D

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.