COVID-19 – Important Auction Information
For Sale By Auction | 13:00, 22 July 2021 | Lot 23A

145 Reads Avenue, Blackpool, Lancashire, FY1 4JH

*Guide | £185,000 (plus fees)

  • Block of Apartments
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 22/07/2021

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Seven Tenanted Self Contained Flats

We offer for sale this block of 7 self-contained flats. The block is situated in a great rental area of Blackpool, close to Blackpool & Fylde College and Blackpool town centre. Internally the property offers 5x one bedroom flats and two bedsits. The block takes £28,000 in rental income per annum giving a great yield of 14.4%. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating E, D, E, E, E, E

Local Authority

Blackpool Borough Council

Additional Fees

Buyer's Premium - £3000 inc VAT payable on exchange of contracts.

Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

Referral Fees – We offer referred services via 3rd party suppliers which we believe you may benefit from in aiding the primary service we provide. You are under no obligation to use these services, and you should consider your options before accepting any third parties' terms and conditions for which we are not responsible. On some completed transactions they pay referral fees to ourselves. These fees average £300 inc VAT.

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