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26 Pitt Street, Southport, PR9 7AE

Lot no: 111 Sold at Auction for £124,000
 

Guide Price £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 29th October 2020

10.30am
Key Features
  • Three bedroomed semi-detached house
  • Requires modernisation throughout
  • Popular residential location
  • Excellent opportunity
  • EPC Rating: E
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Sold at Auction for £124,000

Semi-detached house

Property Description:

Having been in the same family for generations, this semi-detached property comes to the market for the first time in over sixty years and now requires modernisation throughout. Positioned on a pleasant and popular road within one of Southports most desirable locations, the property offers an excellent opportunity to both owner-occupiers, looking to for their own project or a local property developer/landlord. The property benefits from double glazing and offers further opportunity to reconfigure or extend, subject to consents. The property must be viewed to fully appreciate the scope and potential on offer.

GROUND FLOOR:

Comprising -

Lounge

11' x 10'4"

Dining Room

11'4" x 11'3"

Kitchen

10' x 9'2"

FIRST FLOOR:

Comprising -

Bedroom One

10'5" x 7'9"

Bedroom Two

9'2" x 11'4"

Bedroom Three

6'6" x 7'3"

Bathroom

9'9" x 9'

OUTSIDE:

Paved garden to the front and good sized rear gardens with external WC and wash-room.

my.matterport.com/show/?m=qNhtMKPCzVR

Tenure:

Freehold.


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.

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