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48 Moss Lane, Platt Bridge, Wigan WN2 3TQ

Lot no: 226 Postponed
 

Guide Price £95,000+ 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.

Tuesday 5th September 2023

10.00am
Key Features
  • A well presented mid terrace property
  • Two bedrooms
  • Currently tenanted with an annual income of £8,040 (£670 per calendar month)
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Postponed

Terraced House

Property Description:

A well presented two-bedroom mid terrace property in Platt Bridge. Currently tenanted with an annual income of £8,040 (£670 per calendar month).

Briefly comprising of a vestibule entrance with composite front door, front facing lounge, dining kitchen which features a range of modern white gloss fronted wall and base units with contrasting countertop and tiled splashbacks. Integral oven with gas hob and extractor hood with space for a free-standing fridge/freezer together with plumbing for a washing machine. Ample space for a family sized dining suite. A back porch allows access to the enclosed rear yard.

The first floor landing opens to two bedrooms; a front facing double bedroom and generous single bedroom overlooking the rear yard. The bathroom is fitted with a three-piece suite of; wc, washbasin with storage beneath and bath with overhead shower and screen. The property benefits from uPVC double glazed windows and gas central heating.


Leasehold Information

999 years from 12 May 1901. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Living Room 13ft1 x 13ft10
Kitchen 13ft11 x 10ft2
Bedroom One 13ft11 x 10ft4
Bedroom Two 16ft4 x 6ft8
Bathroom 10ft12 x 6ft10
Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Note

Please note that the rental income on our marketing is not confirmed by the tenancy agreement. Please refer to legal pack. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Leasehold. See legal pack.

Unexpired Years

877



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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers 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.