For Sale By Auction | 12:00, 23 February 2023 | Lot 18

40A & 40B Albert Road, Farnworth, Bolton, Greater Manchester BL4 7BB

Sold £86,000

  • Block of Apartments
  • Tenure: Leasehold

Call the team on 01772 772450 for more information

Auction Date

Thu 23/02/2023

Auction Time

12:00

Auction Venue

Online Auction

Two Self-Contained One Bed Flats – Fully Let and Producing £9,610 pa

Description Two storey end terraced property which has been converted to now provide two self-contained one bedroom apartments. Apartment One: Consist of lounge/kitchen, double bedroom and shower room. Apartment Two: Consist of Stairs leading to first floor, lounge/kitchen, bedroom and shower room. The flats are fully let as follows: - 40 A – £367.50 every month 40 B – £400 every 4 Weeks (Benefit direct to tenant) Total Rent £9,610 pa Situated close to Farnworth Town centre with Bolton approximately 3 miles to the north. Tenure: Leasehold Title number: GM227253 Length of Lease/Term: 980 years from 6 July 1877 Ground Rent : £40.8s.10d Council Tax Band : A & A Bolton Metropolitan Borough Council Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

Leasehold

Energy Efficiency Rating (EPC)

Current Rating C & D

Local Authority

Bolton Metropolitan Borough Council

Solicitors

JMW Law, Ref: JMW Law

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 1.75% inc VAT of the purchase price, subject to a minimum of £1750 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.