Freehold Block of Five Self-Contained Flats – Part Let

Detached freehold block containing five self-contained flats (3x 3 bed & 2 x 2 bed) with parking to the rear. Tenancies: We have been informed by the Managing Agent that the building is let as follows:- 7a – £900 pcm 7b – £700 pcm 8 – vacant 9a – £900 pcm 9b - £700 pcm Current Income is therefore £3,200 pcm (£38,400 pa) Approximate maximum rental amount for the fully tenanted block - £4,100 pcm / £49,200 pa. Please refer to the legal pack for copies of the tenancy agreements. To the rear of the building there is an open parcel of land providing parking for all apartments. Gas Central Heating - Combi Boilers within each unit Located approximately 300 metres from Stanley Park and 1.5 miles from Blackpool Victoria Hospital. Many photographs taken from previous Agents details dating from 2024. Tenure: Freehold Title number: LA460889 Council Tax Band : Flats 7a, 7b, 9a and 9b - Council Tax Band A - Flat 8 - Council Tax Band B Local Authority: Blackpool Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

Accommodation

Apartments details are: (taken from previous Agents details) 8 - Three Bedroom Below Ground Floor Apartment - With Open Plan Lounge/Kitchen/Diner - Approx. 1169 Sq Ft 7a - Three Bedroom Duplex Apartment with Open Plan Lounge/Kitchen/Diner - Approx. 1287 Sq Ft 7b - Two Bedroom Apartment - with Separate Lounge and Breakfast Kitchen - Approx. - 688 Sq Ft 9a - Three Bedroom Duplex Apartment with Open Plan Lounge/Kitchen/Diner - Approx. 1285 Sq Ft 9b - Two Bedroom Apartment - with Separate Lounge and Breakfast Kitchen - Approx. 694 Sq.Ft

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 B C, C, B C

Local Authority

Blackpool Borough Council

Solicitors

Brechers LLP, Ref: Brechers LLP

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Administration Charge - 2.75% inc VAT of the purchase price, subject to a minimum of £2750 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.