One Bedroom Ground Floor Apartment – Holiday Let/Investment
A great opportunity to purchase this one bedroom ground floor apartment. The apartment comes fully furnished will all items included. Located 0.1 miles from the beach at Wilton Parade, this is great investment opportunity which could achieve a monthly rental income of between £500pcm - £575pcm depending on condition, bedrooms and floor or the potential to use as a holiday let (subject to planning). Including an open plan kitchen / living / dining room with a double bedroom and en-suite bathroom. There is also a shared communal yard to the rear of the building which is accessed via the communal hallway. Tenure: Leasehold Title number: LAN96636 Length of Lease/Term: 999 years from 1 January 2009 Ground Rent: £294.84pa Service Charge: £563.70pa Council Tax Band: TBC Local Authority: Blackpool Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip
Tenure
Leasehold.
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 C
Local Authority
Blackpool Borough Council
Solicitors
Birchall Blackburn, Ref: Birchall Blackburn
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.