National Online Auction - 26th February 2025
**This is a Conditional Auction**
Tenanted Two Bedroom Apartment
The property comprises of living room, kitchen, bathroom and two bedrooms. The apartment benefits from allocated parking and secure intercom access.
The property is located in a popular area with easy access to transport links and well placed for shops and schools.
Auctionhouse are informed by the vendor that the current tenant has been in residence for at least five years, paying a monthly rent of £600.00.
Tenure: Leasehold
Title number: LAN33848
Length of Lease/Term:
Ground Rent : £ 140 per annum
Service Charge: £1149 per annum
Council Tax Band : B
Local Authority: South Ribble
Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
Alternative (Modern) method of Auction Alternative (Modern) method of Auction meaning - At the fall of the gavel or acceptance of an offer by the Seller, the Buyer will enter an exclusivity agreement with the seller. The buyer shall pay a non-refundable exclusivity fee to the value of 4.5% + VAT of the sales price or £4,800 plus VAT whichever is the greater. This symbolises the start of an exclusivity period of sale which will require an exchange of contracts to take place within 28 days of the buyer's solicitor receiving the contract pack. Completion of the sale must then take place within a further 28 days of the date of exchange of contracts. Full details and terms of exclusivity can be obtained from Auction House North West.
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure: Leasehold
Lease Details: LAN33848
EPC Rating: C
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
4.5% inc VAT of the purchase price, subject to a minimum of £5400 inc VAT, payable on exchange of contracts.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.