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Flat 3 , 15 Lumley Avenue, Skegness PE25 2AP

Lot no: 150 Sold at Auction for £32,000
 

Guide Price £30,000 - £35,000 plus fees

UnconditionalOn 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 26th September 2024

9.00am
Key Features
  • Guide Price Range: £30,000 - £35,000
  • Great Buy to Let
  • One Bedroom Flat
  • Communal Parking
  • Popular Location
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Sold at Auction for £32,000

Flat

Property Description:

A great buy for any investor looking to add to their portfolio or a buyer looking to get a foot on the ladder.

Situated in the popular Lincolnshire Coastal resort of Skegness is this One Bedroom Ground Floor Flat.

The property is located perfectly for easy access to Skegness Town Centre with its range of amenities, shops and leisure facilities. There is also the award winning wide sandy beach front and associated attractions, for which this popular East Coast resort is so well renowned.

The internal accommodation of this flat comprises of an open plan living kitchen, bedroom and shower room. There is also communal parking facilities located to the rear.

Leasehold Information

125 years from 10 August 2009. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Entrance Hall
Open Plan Lounge/Kitchen Area
Bedroom
Shower Room
Additional Information:

Construction Material: Standard brick. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2 and vodafone show as medium in this area, and EE and Three as high. Satellite and Cable - BT and Sky show as available in this area.

Note

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

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

110


Utilities Information
  • Heating Supply: Gas
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

Communal



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT

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.