2 bed pair of flats to buy in FY1

Cambridge Road, Blackpool, Lancashire, FY1 3QQ

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Online auction

  • Investment Property
  • Comprising 2 x 1 Bedroom Self Contained Apartments (First Floor Tenanted)
  • Central, Blackpool
  • Mid Terraced Property
  • Ground Floor Recently Refurbished to a High Standard

2 bed pair of flats to buy in FY1

DESCRIPTION: **FOR SALE BY ONLINE AUTION** On behalf of Pattinson
Auctions Kenricks are pleased to offer these 2 x 1 Bedroom Self-Contained Flats for
sale.
This mid terraced property is situated in popular residential area of Cambridge Road
in Central Blackpool, being close to the town centre amenities.
The ground floor apartment has recently been refurbished to a high standard, with
new carpets and new fixtures and fittings throughout and could be let for
approximately £600 per calendar month. The first-floor apartment is in good order
throughout and is currently let.
Viewing Highly Recommended
Ground Floor
Communal Entrance leading to:
REF: INV435M
Flat 1
Lounge with bay window.
Hallway leading to:
Double Bedroom with fitted robes.
Understairs Storage Cupboard.
Fitted Kitchen with wall and base units, oven with
extractor fan and laminate flooring.
Doorway for access to Rear Yard.
Bathroom comprising shower, toilet and sink with
tiled walls and vinyl flooring.
Flat 2
Ground floor Entrance
Internal Staircase leading
First Floor
Landing with feature skylight.
Lounge with dual aspect windows.
Double Bedroom.
Bathroom comprising 3-piece suite with bath with shower, toilet and sink, tiled walls
and vinyl flooring.
Fitted Kitchen with wall and base units, partially tiled walls and laminate flooring.
EXTERIOR: The ground floor flat has access to good sized yard to the rear of the
property and access to rear alleyway.
Yard to front of property.
AGENTS NOTES: The property has double glazing, and each apartment has its’
own independent gas central heating and electric metro prepaid meters which feed to
the landlords’ supply.
Sales are subject to the fees, terms and conditions of Pattinson Auctions.
BUSINESS: The ground floor apartment is vacant and could be let at approximately
£600 pcm. and the first-floor apartment is currently let at £390 pcm. to a long term
tenant. The whole property could potentially draw in the region of £13,300 per annum
after rental uplift.


Summary

  • Property Type: Pair of Flats
  • Bedrooms: 2
  • Receptions: 2
  • Tenure: Freehold
  • Heating: Gas
  • Parking: Permit Parking
EPC for 2 bed pair of flats to buy in FY1

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT)  This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. 

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,000 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

 

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