2 bed flat for sale

Coop Street, Blackpool FY1

Summary

Sold with tenants in situ with a current income of 850 pcm

Block of 3 with the Fully furnished Ground floor for sale in Blackpool Town Centre close to shops, amenities and transport links. The property briefly comprises of open plan kitchen, lounge and diner with two bedrooms, bathroom and shared garden to the rear of the property. The property is being sold with tenants in situ and the current rental income is 850 pcm.

On the purchase of this flat the buyer will become the freeholder of the building and will gain the leasehold for flat 2 and 3, please see details below for further information:

Flat 2
125 year lease - July 2022
Ground rent - 60PA
Service charge - 375 pa

Flat 3
125 year lease - September 2022
Ground rent - 70PA
Service charge - 375 pa

Building comes with 10 year new build structural warranty and flat roof guarantee.

Council Tax Band: A
Tenure: Freehold

Entrance Hallway

Entrance Hallway

Entrance hallway, radiator.

Kitchen Lounge Diner

Kitchen Lounge Diner

3.06m x 7.17m

Stunning open-plan lounge, kitchen diner. UPVC double glazed walk in bay window, radiator. Modern kitchen diner, integrated oven and 4 ring hob, extractor hood, fridge freezer, washing machine. Dining table and chairs.

Bedroom 1

Bedroom 1

3.37m x 3.38m

Bedroom 1 to the rear of the property, UPVC double glazed window, radiator.

Bedroom 2

Bedroom 2

2.37m x 4.73m

Bedroom 2, UPVC double glazed window, radiator.

Bathroom

Bathroom

2.35m x 2.3m

Stylish part- tiled three piece bathroom suite with overhead shower, UPVC double glazed window, heated towel rail.

Garden

Garden

Shared Garden

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 7,200 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.