Lancaster Road, Morecambe, LA4 5QL

£70,000
  • Ref: 625169
  • Type: Flat
  • Availability: For Sale
  • Bedrooms: 1
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  • Floorplan
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Property Features

  • For Sale By Online Auction - T&C's Apply
  • Attention To All Investors
  • Sitting Tenant Paying £425 PCM
  • Ground Floor Apartment
  • Conservatory
  • Rear Garden
  • Viewings Are Highly Recommended

Full Details

Attention investors and landlords who want to add another property to their portfolio. We are delighted to offer for sale by auction, this one bedroom ground floor apartment. The apartment will be sold with a sitting tenant, with an annual income of £5,100 per year.

The apartment features; communal entrance, hallway and large main reception room, with a wall mounted gas fire. Fitted kitchen to the rear with access into the conservatory. Double bedroom and three piece shower room. Externally the apartment has a side and rear garden.

This property is being sold subject to unconditional reservation fee auction terms and conditions. Please read out terms and conditions.

Communal Entrance
Entrance doorway and double glazed window. Door leading to-

Hallway
Radiator.

Lounge 14' 10'' x 12' 0'' (4.54m x 3.67m)
(into recess)
Double glazed uPVC bay window to the front aspect. Wall mounted gas fire. Double radiator.

Kitchen 10' 11'' x 5' 7'' (3.33m x 1.72m)
(plus 1.79m + 1.21m)
Fitted kitchen with a range of wall and base units, contrasting work surface, incorporating a stainless steel sink unit. Electric oven, four ring gas hob and extractor fan. Double glazed uPVC window to the rear aspect. Space for a washing machine and fridge freezer. Double radiator.

Conservatory 8' 5'' x 10' 2'' (2.59m x 3.12m)
Double glazed uPVC windows and uPVC French doors leading to the outside. Double radiator.

Bedroom 9' 2'' x 11' 5'' (2.81m x 3.5m)
Double glazed uPVC window to the rear aspect. Double radiator.

Shower Room
Three piece suite comprising; shower cubicle. wash hand basin and low level WC. Double glazed uPVC window to the side aspect. Heated towel rail.

Auction Conditions
This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescale
Contracts will exchange immediately. There are 28 days in which to complete the purchase

Legal Pack
A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit
To secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information
For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller during the auction) I shall be bound by the lot terms and conditions as advertised online.

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days. If you are the successful bidder, we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card. Any amount payable at the close of the auction must be paid within 1 hour.

ONLINE AUCTION NOTICE
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close, and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,001 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

We strive to make our sales brochures to be precise and accurate as possible, however they do not represent or form part of contract or offer. The brochure is not to be relied upon as statements of representation or fact. Jennings Estate Agents Ltd has not tested any services, apparatus, equipment, fixtures, and fittings. All room dimensions and floor plans are measured approximately and should not be taken literally. Items shown in the photographs are not included unless specifically mentioned within the sales particulars. Fixtures and fittings may be available by separate negotiation.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.