Lot 8 - 121 Cornwall Drive, Bury, Lancashire, BL9 9EX
- Unconditional Online Auction Sale
- Guide Price* : £230,000 plus
- Residential investment opportunity
- Let at £1,500 per month
- 5 Bedrooms
- 4 Bathrooms
- Extended dormer bunglaow
- Convenient location
On behalf of the LPA Receiver: Residential investment property comprising an extended 5 bedroom dormer bungalow* let at an equivalent annual rent of £18,000
Description
We understand the property comprises an extended 5 bedroom dormer bungalow. *We have not inspected internally and cannot confirm the current layout and condition, but note from 2021 sales particulars (copy available to download from the auctioneers website under Related Documents) that it comprised a ground floor with a hall, dining room, kitchen, lounge and 2 bedrooms and a conservatory and at first floor there was a master bedroom, a further 2 bedrooms and a study room. Throughout the property were 2 ensuites and 2 separate shower rooms.
The property is understood to be let following expiry of an AST that was originally granted for 12 months from 4th March 2024 at a monthly rent of £1,500.
Location
Situated in a convenient and popular residential location approximately 0.75 mile south of the town centre. Local bus routes are easily accessible, there are a number of schools nearby and access to the M66 motorway is within 0.5mile.
Tenure
Freehold.
Accommodation
Please refer to the historic particulars. Buyers to rely on their own enquiries.
Outside
The property benefits from 2 driveways, a detached garage with front and rear gardens.
Tenancies
The property is understood to be let following expiry of an AST that was originally granted for 12 months from 4th March 2024 at a monthly rent of £1,500.
EPC
Energy Asset Rating is C.
Council Tax Band
B
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,500 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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