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Flat 8, North Promenade, Lytham St Annes, Lancashire, FY8 2NQ

Lot no: 11 Postponed
 

Guide Price £125,000+ 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.

Wednesday 10th April 2019

2.30pm
Key Features
  • Spacious two bedroomed apartment
  • Large balcony
  • Panoramic views of the seafront
  • EPC Rating: TBC
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Postponed

Apartment

Property Description:

To be offered for sale on 4th April unless sold prior online visit online.sdlauctions.co.uk/lot/details/10122 for more information or call 0345 2220197

A fantastic opportunity to acquire a property in the highly sought-after location of Lytham St Annes, offering stunning views over the beach and seafront. This top floor apartment benefits from a communal lift and 35ft balcony, and would make an ideal home or seaside getaway for someone looking to spend more time on the coast. Requiring some cosmetic improvements, the property also offers itself to local investors looking for their next project.

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

Ground Floor
Communal Entrance
Communal Hallway
Third Floor
Hallway

Built in mirror fronted wardrobe, intercom entry phone system, telephone point, range of built in storage cupboards

Lounge

17ft 8 x 15ft 2
Upvc double glazed sliding doors and window, hearth housing gas fire, television point, two sets of radiators

Kitchen/ Dinning Room

13ft 10 x 9ft 10
Large Upvc double glazed window to side elevation, range of oak wall and base units with laminate work surfaces, tiled splash backs, with space available for mounted oven, dishwasher and fridge freezer, stainless steel sink with drainer and mix tap, wall mounted combination boiler, wood effect laminate flooring to the kitchen area

Bedroom One

13ft 2 x 10ft 8
Large Upvc double glazed window, range of fitted wardrobes and chest of draws, radiator, television point

Bedroom Two

13ft 4 x 10ft 2
Upvc double glazed window, range of fitted mirror fronted wardrobes, radiator

Storage Room

6ft 11 x 4ft 7
Good size storage room with power and light

Bathroom

8ft 11 x 7ft 9
Four piece suite comprising bath, corner shower cubical with shower overhead, pedestal wash hand basin with mirror above, W.c, wood effect laminate flooring, tiled walls, chrome wall mounted towel heater, extractor fan

Balcony

extending 35 foot with views overlooking the beach and sea front

Outside

Garage with up and over door to the rear of the property, visitors parking

Tenure:

Leasehold. 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 auctioneer’s fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s 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.