3 Bedroom, Semi-Detached House, 10 Tudor Road, Lytham St Annes, FY8 2LA

Overview

Hammer Price Homes are pleased to present for sale by online auction this 3 – bedroom semi-detached house in Lytham St Annes. The sale is strictly open for cash buyers only.

The property briefly comprises: To the ground floor there is an entrance hallway leading to a lounge, dining room, kitchen and bathroom. To the first floor there is a landing leading to 3 bedrooms, one with ensuite.

Outside there is a front garden which is utilised to provide off street parking, however, would likely need converting to a fully functioning driveway (subject to gaining any necessary planning and consents, see neighboring properties for inspiration. There is also a well-sized garden to the rear.

The property requires full renovation throughout, you will notice that the kitchen flat roof has suffered from water ingress and whilst a temporary fix is in place, any perspective buyer would likely need to replace the kitchen flat roof fully, post completion.

Please be advised that the freeholder does not collect ground rent or service charge, see tenure / Management information section for further information.

This sale is strictly open for cash buyers only due to the condition; we feel you would not be able to obtain a standard mortgage on the property. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any concerning information within the searches. There will also be no grounds to withdraw due to the freeholder’s lack of involvement nor for not having a copy of the lease. The property is sold as seen with 60 days to complete.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location

The property is situated within close proximity to the range of local amenities that Lytham St Annes has to offer including shops, bars and restaurants. St Annes’ Old Links Golf club is a short walk from here as is the North Beach. Blackpool’s attractions are also just a short drive from here.

Special Conditions

This sale is open for cash buyers only as due to the condition the property is deemed unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any concerning information within the searches. There will also be no grounds to withdraw due to the freeholder’s lack of involvement nor for not having a copy of the lease. The property is sold as seen with 60 days to complete.

Tenure / Management information

Tenure – Leasehold (934 years remaining) – Land Registry documents are available for download from the Hammer Price Homes website.

Freeholder information – The Freeholder is Progress housing Group – Please be advised that Progress housing group have confirmed in writing that in 2004 the Association took a decision to stop charging ground rent on a number of properties but reserved the right to reinstate charges at a later date should that decision change in the future.   10 Tudor Road falls within the group of properties where no ground rent is presently charged.  Should this position change at future date the leasehold owner will be notified directly, in writing.  Rent will not be backdated or charged retrospectively. The Association does not insure the property and no service charge is payable. Regarding service of notice of assignment/mortgage and completion requirements, the buyer’s solicitor should serve notice of assignment within one month of completion along with Progress Housings registration fee of £100.

Service Charge: N/A

Ground Rent: £3.15 per annum, however this is not collected by the freeholder.

Lease: There is no copy of the lease held by Land Registry and the sellers do not hold the original. The vendor’s solicitor will provide an indemnity policy in respect of the missing lease.

Other information

The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.

Council Tax Band – B

EPC Rating – E

Utilities:

Water Supply: Assumed Mains Water

Electricity Supply: Assumed Mains Electricity

Gas Supply: Assumed Mains Gas

Source/s of heating: Boiler and Radiators, mains gas (Taken from EPC)

Primary arrangement for Sewerage/Drainage: Public Sewer

Searches

Searches are available for download from the Hammer Price Homes website. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.

Auction Details

** Open for cash buyers only. 60 days to complete**

Auction ends – Thursday 2^nd May 2024 at 1:00pm (Subject to anti-sniping).

Bidding Window Opens – Tuesday 30^th April 2024 at 10am (Bidding will not be possible until this time).

Starting price – £68,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Fees

All fees are payable by bank transfer only (we do not take card payments).

Reservation Fee – Please note that there is a Reservation Fee (3.6% Including VAT subject to a minimum fee of £3,600 Including VAT) payable by the buyer within 2 hours of winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

Searches –The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.

Viewings

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and FAQ’s on the site for more details.

This is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.