72 Eastham Street, Lancaster, Lancashire, LA1 3AY

  • Unconditional Online Auction Sale
  • Guide Price* : £50,000

FOR SALE BY UNCONDITIONAL ONLINE AUCTION
On Behalf of Lancastrian Estates


  • Mid Terrace
  • Lounge
  • Kitchen
  • Two Double Bedrooms
  • Modern Wetroom
  • In Need of Modernisation

Property Description

FOR SALE BY UNCONDITIONAL ONLINE AUCTION
On Behalf of Lancastrian Estates

Two Bedroom Terrace

Location & Brief Description
Eastham Street is located in the popular area of Moorlands, being a short walk away from the city centre, local amenities, schools, universities and only a short drive away to the M6 junc-tion at Galgate. The property requires works of improvement making it perfect for investment and would make a fantastic rental or turnover once the work is completed.

Living Accommodation
As previously stated the property does need renovation. There is a lounge with a gas fire, and large built in cupboards. The kitchen is to the rear of the property.

Bedrooms and Bathrooms
The property has two bedrooms. The bathroom has been modernised and turned into a wet room and is ready to use.

Outside
The property has a small yard to the rear. On street parking available.


Tenure
See Legal Pack

Conditions of Sale

The Conditions of Sale will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.


*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.


Viewing Details

By arrangement with the auctioneer 0345 319 2162 or can be booked online www.sdlauctions.co.uk/online-auctions


Energy Performance Certificates

EPCs can be viewed in full on our website www.sdlauctions.co.uk on the sales details page or in the legal pack.


Unconditional Online Auction Procedure

Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online-auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If the reserve is met or exceeded when the auction timer ends, the successful bidder is charged a 5% deposit (subject to a minimum fee of £5000) and exchange takes place. At this point, you will be legally obliged to buy the property for the full purchase price. The deposit contributes towards the purchase price.

The sale of each Lot is subject to a reservation fee of 4.8% Inc VAT or 4.2% Inc VAT in London, subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

Therefore we will automatically charge you a minimum fee of £11,000, (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee and deposit. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.

By placing the bid, you are authorising the auctioneer to sign the auction contract on your behalf.

Full terms and conditions are available at www.sdlauctions.co.uk/online-auctions


Joint Agent

Lancastrian Estates



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Sold for £62,500

This auction lot is now closed.

Auction Ended

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Joint Agent

For viewings please contact:
Lancastrian Estates
01524558000
lancaster@lancastrianestates.co.uk