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2 Belmont Avenue, Blackpool, FY1 4BG

Lot no: 5 Sold Prior to Auction
 

Guide Price £64,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 10th October 2019

2.30pm
Key Features
  • An end terrace HMO
  • Let on a room by room basis at £14,800 per annum
  • Situated a short distance from the town centre and promenade
  • EPC Rating: D
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Sold Prior to Auction

House of Multiple Occupation

Property Description:

DRAFT DETAILS: An end terrace property situated a short distance from the town centre and promenade. We have been informed that the property is currently let on a room by room basis as a licensed HMO at £14,800 per annum. Ideal investment opportunity.

The auctioneers have not inspected the property but believe it to comprise:

Ground Floor:

Reception Room, Bedroom, Kitchen, Utility Room

First Floor:

Three Bedrooms, Bath/Shower Room

Outside:

Rear yard

Tenure:

Freehold.



Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.