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1 Paignton Road, Blackburn, Lancashire BB1 8DQ

Lot no: 125 Sold at Auction for £105,000
 

Guide Price £90,000 - £105,000 plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 27th June 2024

9.00am
Key Features
  • Guide Price Range: £90,000 - £105,000
  • 3 Bedroom Semi Detached House
  • 2 Reception Rooms
  • Potential to add value
  • Requires Modernisation and Refurbishment
  • Located in the highly sought after area of Revidge
  • Situated within the catchment area of highly regarded schools
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Sold at Auction for £105,000

Semi-detached house

Property Description:

A 3 bedroom semi detached house with potential to add significant value once renovated. This property is located within the highly regarded area of Revidge.

The property boasts 2 reception rooms, kitchen and utility on the ground floor, as well as 3 bedrooms upstairs with bathroom and separate wc.

The property is within the catchment of some highly regarded schools and walking distance to places of worship.

Blackburn centre is a short distance away. There is also easy access to both M65/M6.

Accommodation:
Hallway
Lounge - 14ft 03 x 11ft 09 (4.34m x 3.58m)
Dining Room - 16ft 01 x 11ft 09 (4.90m x 3.58m)
Kitchen - 11ft 01 x 07ft 05 (3.38m x 2.26m)
Utility - 07ft 11 x 07ft 05 (2.41m x 2.26m)
Bedroom One - 14ft 02 x 12ft 01 (4.32m x 3.68m)
Bedroom Two - 14ft 11 x 12ft 01 (4.55m x 3.68m)
Bedroom Three - 08ft 06 x 07ft 01 (2.59m x 2.16m)
WC - 04ft 08 x 03ft 03 (1.42m x 0.99m)
Additional Information:

Construction Material: Standard brick. Heating: Boiler, mains gas. Coverage: Broadband - Standard and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as high in this area. Satellite and Cable - BT and Sky show as available.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Please Note

The vendor has advised us there was minor subsidence found at the property, which has now gone. They are awaiting instruction from the insurance company. Please refer to the legal pack for further information, and ensure your own due diligence is carried out prior to placing your bid as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.



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 Variable Fee (England and Wales).

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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyers 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 Price

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.