2 Bedroom, Mid-Terraced House, 127 High Street Blackpool FY1 2DL
Overview
Hammer Price Homes are pleased to present for sale by online auction this 2 bedroom mid terraced house in Blackpool. The sale is strictly open for cash buyers only (buyers who are not reliant on any form of finance).
The property briefly comprises: To the ground floor, an entrance hallway leading to a lounge and kitchen. To the first floor there is a landing leading to 2 bedrooms and a bathroom.
Outside there is a small garden to the front, and to the rear of the property the property benefits from a small yard with a wooden sheds.
On street parking is available on High Street and neighbouring streets via a residential permit scheme.
Whilst the property has been mostly cleared, all items that can be seen on the photography and at open days within the garden and the two garden sheds, (including bikes and ladders) will be left and form part of the sale. The buyer will be responsible to dispose of these items and the items within the two garden sheds if they do not wish to keep them post completion.
The property is unregistered, the vendor’s solicitor holds the deeds. The buyer will be responsible for completing the first registration post completion, the epitome of title is readily available for download from the Hammer Price Homes website.
The property requires full renovation throughout, and this sale is strictly open for cash buyers only (buyers who are not reliant on any form of finance) due to the condition, we feel the property is 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 (including anything of a structural nature), for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.
Prospective buyers are to obtain their own independent legal advice in relation to the Property, the Land Registry information and the Searches prior to taking part in the auction.
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 well located along High Street, Blackpool. This property is situated within easy reach of local amenities, transport links including Blackpool North Train Station and schools. The subject property is located approximately 1.1 miles from Blackpool town centre.
Special Conditions
This sale is strictly open for cash buyers only (buyers who are not reliant on any form of finance) as due to the condition the property, we feel the property is 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 (including anything of a structural nature), for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.
60 days to complete.
Tenure
Tenure – Freehold – (Unregistered)
First registration – The property is currently unregistered, and the epitome of title and corresponding documents can be viewed on the Hammer Price Homes website. The vendor’s solicitor holds all relevant conveyancing documentation as detailed in the epitome of title to allow the buyer to proceed with officially registering the property with Land Registry once completion has taken place.
Prospective buyers are to obtain their own independent legal advice in relation to the Property, the Land Registry information and the Searches prior to taking part in the auction.
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 – A
EPC Rating – F
Utilities:
Primary source of Water Supply: Assumed Mains
Primary source of Electricity Supply: Assumed Mains
Primary source of Gas Supply: Mains Gas Supply (information taken from EPC Certificate)
Source/s of heating: Boiler & Radiators (information taken from EPC Certificate)
Primary arrangement for Sewerage/Drainage: Foul and Surface water from the property drains into a public sewer (information taken from the Regulated Drainage & Water Search).
Searches
Searches are now available for download from the Hammer Price Homes website prior to the bidding taking place. 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
** Strictly open for cash buyers only. 60 days to complete**
Auction ends – Thursday 27th March 2025 at 1:00pm (Subject to anti-sniping).
Bidding Window Opens – Tuesday 25th March 2025 at 12:00pm (Bidding will not be possible until this time).
Starting price – £24,000 (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% of the eventual sale price, 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.
Proof & Source of funds
In order to satisfy our Anti-Money Laundering obligations, winning bidders are required to complete their source of funds questionnaire within 24 hours of the close of the auction. This will detail how they will finance the purchase and provide supporting evidence as to the source of the funds (such as bank statements). It is advised that anybody bidding on a property prepares this information prior to taking part in an auction so that it is readily available. See our buyers FAQ’s for further information.
Current proof of funds may also be requested from registered buyers, prior to enabling their account for bidding, as part of our affordability checks.
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.
