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54a Clifton Street, Blackpool, FY1 1JP

Lot no: 107 Withdrawn Post
 

Guide Price £35,000+ plus fees

Unconditional with Fixed FeeOn 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 27th May 2021

10.00am
Key Features
  • High yielding investment - let at £6,240 per annum
  • Central location
  • Excellent transport links
  • Approx 300 metres from station
  • EPC Rating: E
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Withdrawn Post

Apartment

Property Description:

The property fronts Clifton Street, within the heart of Blackpool town centre, benefitting from an array of convenient shopping, entertainment and leisure amenities within easy reach.

The property also boasts strong transport links with Junction 4 of the M55 Motorway located four miles east of the town centre, giving access to the M6 Motorway at Junction 32. Blackpool Station provides regular services to Preston which from there links to the national inner-city network.

Let at £520 per calendar month, the property would make an excellent addition to a landlords portfolio.

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

Open Plan Lounge/Diner and Kitchen
Bathroom
Two Bedrooms
Occupancy

Subject to tenancy. Please see legal pack for further details.

Tenure:

Leasehold.


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 Fixed Fee.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

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
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.