New Wellington Street, Blackburn, Lancashire, BB2

HIGH SPEC FLAT AND SHOP FOR SALE** GREAT INVESTMENT OPPORTUNITY AT A SENSIBLE PRICE**
13% YIELD** SERIOUS BUYERS ONLY - IF INTERESTED WE WILL EXPECT YOU TO SHOW COMMITMENT** AVAILABLE NOW

For sale by Unconditional Online Auction.
All sales are subject to SDL Property Auctions Buyers Terms

'High Yielding' Investment Opportunity in Mill Hill, Blackburn, Lancashire.

When this property is tenanted you could achieve a monthly Rental Income of £1200 pcm (£14,400) pa , delivering a healthy yield of 13.7% (gross)

Demand for this type of rental property is very strong, and getting stronger.

Location
Condition
Correct Pricing
Effective Marketing

SERIOUS BUYERS ONLY - IF INTERESTED WE WILL EXPECT YOU TO SHOW COMMITMENT

Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.

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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of £6,000 inc. VAT.

The Buyers 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.