Block of flats for sale in Preston New Road, Blackburn BB2

For Sale By Modern Method of Auction. Starting Bid £210,000. Terms and Conditions Apply

investment opportunity**

Set in a prominent position on Preston New Road this beautiful Victorian style semi detached property is conveniently located for local amenities, transport links, Blackburn College, and Town Centre. The property is set over four floors and was previously a ten room HMO. The property is in need of refurbishment, and would make an ideal investment potentially achieving an excellent rental yield. Externally there are stone steps up to the front of the property, with a garden area behind a retaining stone wall, and to the rear an enclosed communal garden.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

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 of the property. The deposit will be a contribution to 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 required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services

Ground Floor

Entrance Hall

Room One with Shower Room

Room Two

Communal Dining Room

Communal Kitchen

First Floor

Room Three

Room Four

Shower Room

Store Room

StoreRoom

Room Five

Room Six

Room Seven

Shower Room

Second Floor

Store Room

Store Room

Room Eight

Room Nine

Room Ten

Shower Room

Basement

Room One

Room Two