Property Features

For Sale By Modern Auction - Make A Bid Online
Sold With A Sitting Tenant Paying £370 PCM
First Floor Apartment
No Chain - Available Now
Leasehold
Council Tax: A

About this property

FOR SALE BY MODERN AUCTION - STARTING BID £55,000 PLUS RESERVATION FEES

Attention Investors! This well appointed first floor flat is available immediately with no onward chain. Sold with a sitting tenant currently paying £370 per calendar month, this presents an excellent opportunity for an investor to boost their portfolio in a property already producing returns.

The property is located on the first floor of a well regarded apartment block in Bamber Bridge and comprises: lounge/bedroom area, fitted kitchen, inner hallway and a fitted bathroom suite.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

ID Checks
In accordance with our regulatory obligations, we are required to carry out Anti-Money Laundering (AML) checks on all relevant individuals. A fee of £25 per person will be charged to cover the cost of conducting these checks. This fee is non-refundable.