2 bedroom Flat in Barrow-In-Furness

5A Egerton Court, Barrow-In-Furness, Cumbria LA14 2TT
  • Lot No: 107
  • Property Type: Flat
  • Contract Type: Unconditional with Variable Fee

Guide Price* £9,000+ plus fees

Property Description

A two bedroom apartment in a popular and convenient location. Well placed for the amenities within the town centre, including the train station, a range of Nature reserves and Sandy Gap beach. BAE site is within walking distance. The property is offered vacant but has been successfully let over recent years. Estimated rental value of £500 pcm / £6000 per annum. A great addition to any rental portfolio. The auctioneers have not inspected the property internally but believe it comprises; Lounge, Kitchen, 2 Bedrooms and Bathroom. We are informed it requires cosmetic modernisation.

Leasehold Information

125 years (less 10 days) from 15 May 2003. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.


Conservation Area

We have been made aware this property is in the Barrow Island conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.


Mobile Phone Coverage

O2, EE, Three and Vodafone are available in this location.


Satellite and Cable TV Availability

BT and Sky are available in this location.


Broadband (estimated speeds)

Standard 14 mbps. Superfast 80 mbp.


Construction Material

Cavity wall, filled cavity. Information taken from EPC


Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Leasehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.