Terrace House – Converted to Two Flats

Not inspected but understood to comprises a mid-terrace property which appears to be a ground floor and first floor flat. We cannot confirm the occupancy status. We have been provided with a valuation report dating from 2021 which states the accommodation briefly comprises the following:- Ground Floor Communal Vestibule and Hall Flat 1 comprising hall, lounge, bedroom, living room, kitchen, bathroom/WC First Floor Flat 2 comprising landing, lounge, three bedrooms, bathroom/WC and kitchen External Gardens to front and rear The valuation report also states that the then owner of the property confirmed that the flats were let as follows:- Ground Floor Flat 6 months Assured Shorthold tenancy at £360 per calendar month. We have been informed by the tenant that they have been in occupation for circa 12 years. First Floor Flat 6 months Assured Shorthold tenancy at £400 per calendar month. NB Auction House have not had sight of the tenancy agreements. The property is believed to require refurbishment. Tenure: Freehold Title number: LA879174 Council Tax Band: A Local Authority: Blackpool 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.

Local Authority

Blackpool Borough Council

Solicitors

Irwin Mitchell, Ref: Irwin Mitchell

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.