Guide price
£50,000
1 bed flat for saleNew Chapel Street, Blackburn BB2
1 bed
1 reception
EPC Rating: E
- Auction
Pattinson - Auctions
.png)
About this property
Being Sold via Secure Sale online bidding. Terms and Conditions apply.
One-bedroom flat
One Double Bedroom
One Reception Room
One Bathroom
Prime Location
Summary
Presenting for sale, this one-bedroom flat in need of renovation, promising an excellent investment opportunity.
This property, located conveniently close to public transport links and local amenities, offers potential buyers a chance to customise the space to their liking and add considerable value.
The flat comprises a double bedroom, boasting built-in wardrobes that provide ample storage space. The bedroom's spacious nature ensures a comfortable environment for relaxation.
The property includes one bathroom, designed as a shower room. Although in need of a bit of sprucing up, it holds the potential to be transformed into an ultra-modern, spa-like sanctuary with some thoughtful renovation.
The kitchen comes equipped with wall and base units, offering plenty of storage space for all your cooking essentials. With a bit of creativity and refurbishment, this kitchen can be turned into a delightful culinary workspace.
Further enhancing this property's appeal is the separate reception room characterised by large windows which flood the room with natural light, creating a bright and welcoming space. This room provides an excellent area for entertaining guests or unwinding after a long day.
In summary, this one-bedroom flat, with its prime location and considerable renovation potential, makes for an ideal investment opportunity. It offers a blank canvas for investors looking to refurbish and maximise the return on their investment. A viewing is highly recommended to truly appreciate the potential this property has to offer.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 964
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
Zoopla insights
Sign in and gain expert analysis to make informed decisions