For Sale By Auction | 12:00, 18 September 2024

68A, 70, 72, 74 & 74A, Bolton Street, Blackpool, Lancashire FY1 6AB

*Guide | £150,000 (plus fees)

  • Block of Apartments
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Wed 18/09/2024

Auction Time

12:00

Auction Venue

Online Auction

Four Flats & A Cottage – Fully Let Producing £20,839.92 pa With Potential To Increase

Block of four flats and a two storey cottage situated at the rear, all tenanted and currently producing £1,736.66 pcm / £20,839.92 pa. The property briefly comprises the following:- • No 68a – 1 bed flat (first floor) accessed from rear yard with ground floor entrtance hall, first floor lounge, double bedroom, wet room and kitchen – let at £350 pcm - • No. 70 – Studio flat (ground floor) entrance hall, open plan lounge, bedroom and kitchen plus separate bathroom and rear door to yard – let at £325 pcm • No. 72 – 1 bed flat (ground floor) entrance hall, lounge/diner, bathroom / wetroom, kitchen, bedroom and access to rear yard – let at £411.66 pcm • No. 74 – 1 bed flat (first floor) lounge with kitchen off, bedroom and bathroom. – let at £325 pcm • No. 74a – 1 bed two storey cottage; located in rear yard – ground floor; entrance hall, lounge, kitchen, first floor bedroom and bathroom – let at £340 pcm All flats are fitted with central heating and double glazing. Location Situated fronting Bolton Street which is one street back from The Promenade, close to the junction with Shaw Road, with Blackpool town centre approximately 1 mile to the north. Tenure: freehold Title numbers: 68a -72 - LAN280923, 74 & 74a - LAN282556 Council Tax Band : A Local Authority: Blackpool Borough Council 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 68A, 70 & 74 = C, 72 & 74A = D

Local Authority

Blackpool Borough Council

Solicitors

Napthens LLP, Ref: Napthens LLP, Tel: 01772 888444

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

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.