fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

12 Hull Road, Blackpool FY1 4QB

Lot no: 5 Sold at Auction for £140,000
 

Guide Price £120,000+ 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 26th January 2023

10.00am
Key Features
  • Bay Fronted Property
  • Arranged as Nine Flats
  • Additional Basement Flat
  • Investment Opportunity
  • Well Placed for Amenities
  • EPC: 9 x C
Add to favourites
Sold at Auction for £140,000

Block of Apartments

Property Description:

* Potential Investment Opportunity*

A substantial, bay fronted property in Blackpool, arranged as nine flats.

Situated in a prime location, just a short walk from all necessary amenities, services and attractions is this four-storey property, currently arranged as nine flats.

The property remains in predominantly good condition with minimal work required in some areas; once let it would make an excellent, high yielding investment. There are nine lettable flats in total with a substantial flat in the basement which has been previously used as the managers accommodation. The property is well placed, within easy reach of shopping facilities, a number of popular bars and eateries and plenty of attractions, including Blackpool Pleasure Beach. Nearby transport links include good road connections, bus and tram services and trains operate from Blackpool North and Blackpool South Train stations, both within proximity to the property.

Basement:
Bedroom

13ft 3 x 13ft 9

Bedroom

11ft 8 x 6ft 1

Kitchen

5ft 7 x 12ft

Lounge

15ft 6 x 11ft

Flat One:
Open Plan Lounge / Kitchen

14ft 5 x 13ft 5

Bedroom

12ft 2 x 12ft 1

Bathroom

3ft 8 x 4ft 7

Flat Two:
Bedroom

6ft 11 x 1ft 3

Bedroom

13ft 1 x 9ft 2

Kitchen

5ft x 7ft 7

Flat Three:
Kitchen

3ft 5 x 6ft

Toilet

2ft 10 x 2ft 1

Shower
Bedroom

9ft x 8ft

Flat Four:
Open Plan Lounge / Kitchen

15ft 9 x 8ft 8

Bedroom

12ft 9 x 7ft 9

En Suite Toilet

2ft 3 x 2ft 6

Shower room

5ft x 3ft

Flat Five:
Bedroom / Kitchen

12ft x 9ft 2

Shower Room

6ft 5 x 3ft 8

Flat Six:
Bedroom

11ft 8 x 14ft 6

Kitchen

3ft 9 x 6ft 2

Shower Room

6ft 1 x 3ft 82

Flat Seven:
Shower Room

8ft 9 x 3ft 6

Lounge / Kitchen

8ft 1 x 12ft 3

Bedroom

7ft 9 x 12ft 2

Flat Eight:
Open Plan Bedroom / Kitchen

12ft 1 x 9ft 3

Shower Room

3ft 4 x 7ft 2

Flat Nine:
Bedroom

8ft x 7ft

Shower Room

2ft 7 x 8ft 4

Lounge / Kitchen

10ft 8 x 11ft 2

Tenure:

Freehold. 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.


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 and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


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.