Four Individual Flats – Current Income of £12,840pa / Potential Income of approx. £25,000pa

End Terrace property comprising of four individual flats. All flats are one bedroom with an open plan kitchen/living room and a bathroom or shower room. We are aware that flat 2 benefits from an additional box room but it is unknown if this is the case for the other flats within the building. Externally there is on street parking with flat 2 having its own entrance to the rear and a paved courtyard. As per the current EPC’s for the property, the total floor area for each flat is: Flat 1 – 42 m2 Flat 2 – 36 m2 Flat 3 – 36 m2 Flat 4 – 53 m2 Tenancy: Flat 1: Currently vacant. Flat 2: Currently on a fixed term tenancy until March 2026 paying £495pcm / £5,940pa. Flat 3: Currently on a periodic tenancy carrying over, paying £575pcm / £6,900pa. Flat 4: Currently vacant. For more information relating to the tenancies, please refer to the legal pack. Externally, there are solar panels on the roof. For more information relating to these, please refer to the legal pack. Tenure: Leasehold Title number: LAN93166 Length of Lease: 999 years from 15 June 1872 Ground Rent: Please refer to the legal pack Service Charge: Please refer to the legal pack Council Tax Band: A (for all flats) Local Authority: Chorley 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 Flat 1 – B Flat 2 – C Flat 3 – B Flat 4 – B

Local Authority

Chorley Borough Council

Solicitors

Priority Law Limited, Ref: Priority Law Limited, Tel: 01612077600

Additional Fees

Administration Charge - 2.5% 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.