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Flat 78 Lakeland House, Marine Road East, Morcambe, Lancashire LA4 6AY

Lot no: 25 Sold Prior to Auction
 

Guide Price £60,000+ plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 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 Reservation Fee is subject to a minimum of £6,000.

Monday 23rd July 2018

6.30pm
Key Features
  • Seaside Location
  • Spacious Lounge
  • Prime Location
  • One Bedroom
  • EPC Rating: D
  • Parking To Rear
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Sold Prior to Auction

Flat

Property Description:

Lakeland House is located in the sought after area of Bare. There are plenty of local amenities close by and Princess Crescent runs alongside the building itself offering an array of shops, a post office and Bare train station.

This one bedroom apartment is located on the top floor and can be accessed by a stairwell or lifts. There is also a spacious lounge/diner, enclosed balcony, a shower room and a double bedroom.

The open plan lounge/diner is extensive and offers views over The Ashton memorial and beyond. The fitted kitchen is modern with an electric oven and hob and splashback tile surround.
Bedrooms and Bathrooms The bedroom is an excellent size, has fitted wardrobes and again offers fantastic views! The bathroom comprises of a walk in shower cubicle, a wash basin and a toilet.

Outside The communal access to the building is situated on Marine Road and the car park is to the rear of the building

Tenure:

See Legal Pack. Subject to tenancy.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

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

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation 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 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 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.