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1 bedroom apartment for sale
2A Schooner Street, Barrow-in-Furness, Cumbria, LA14 2SQ
£9,000
2A Schooner Street, Barrow-in-Furness, Cumbria, LA14 2SQ
£9,000
Our Summary
- Guide Price £9,000 * Plus 5% Buyers Premium + VAT For sale by unconditional online auction on the 26th of March 2025
- Registration is now open, bidding opens on 26th on March at 10:00 and ends on 26th March 2025on March at 12:25 HIGH YIELD INCOME PRODUCING INVESTMENT Description THIS ONE BEDROOM APARTMENT IS TO BE SOLD AT AUCTION ON 26TH MARCH 2025 THIS GROUND FLOOR FLAT IS LET ON A AST PRODUCING £350 per calendar month HALF YEARLY SERVICE CHARGE £1458 The flat is located close to the town center and BAE Systems with high rental demand in the area
- Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
- Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
- Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
Description
This one-bedroom apartment is being sold at auction on March 26, 2025, with a guide price of £9,000. The property is a high-yield investment opportunity, currently let on an Assured Shorthold Tenancy (AST) for £350 per month. The flat is located in a popular area close to the town center and BAE Systems, with high rental demand. The buyer will need to pay a 5% deposit and a 5%+VAT (minimum £5,000+VAT) buyers premium, and contracts will be exchanged immediately after the auction. The vendor is legally bound to sell, and the buyer is legally bound to buy, with a completion deadline of 28 days following the auction. The seller may also consider pre-auction offers prior to the auction date, subject to the same conditions as the auction sale.