Residential Portfolio in CA16

The Sands, Appleby-in-Westmorland, Cumbria, CA16 6XR

Brochure

Tenure: Freehold

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Starting bid£180,000

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Key Information

Parking: On Street

Residential Portfolio in CA16

For Sale Via Online Auction, Terms & Conditions Apply.

A rare opportunity to purchase a freehold block of three one-bedroom apartments, all of which have been successfully utilised as residential lets near to the centre of the market town of Appleby-in-Westmorland.

Flats 2, 4 & 6 can be found tucked away just off the Sands and have recently undergone a program of renovation including contemporary bathroom and kitchen suites along with new electrics and electric heating and redecoration throughout.

Flat 2 can be found on the ground floor and consists of an open plan living room/kitchen with access to a courtyard area via patio doors, a good-sized double bedroom and shower room.

Flat 4, located on the upper ground floor, consists of a good-sized living room that opens to a kitchen/dining room area, along with an interior hallway that connects to a double bedroom and separate shower room.

Flat 6, located to the top of the block, consists of an open plan living room/kitchen with views over the surrounding rooftops with an interior hallway that connects to a double bedroom and separate shower room.

All three flats have their own separate access to mains water, drainage, electricity and broadband, along with their own council tax bands and EPC ratings. To the rear of the building, there is a shared lawned area along with additional outside space located on the upper ground floor.

Historically, rental values have been in the range of £500 - £550 per calendar month, per property and the current owners have never had a problem filling the tenancies. As the properties are now empty, any new owner has the opportunity to adjust these rental amounts to fit current market rates.

The Sands, located in the Appleby (Bongate) ward of Appleby-in-Westmorland, Cumbria, is a peaceful residential area right by the River Eden. It sits near the scenic Settle to Carlisle railway line and offers easy access to the stunning Eden Valley and North Pennines.

Description

A rare opportunity to purchase a freehold block of three one-bedroom apartments, all of which have been successfully utilised as residential lets near to the centre of the market town of Appleby-in-Westmorland.

Location

Near to the centre of the market town of Appleby-in-Westmorland.

Tenure

TITLE - CU162885 - Freehold

EPC'S

Ratings - D, C, D

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

Please log in to view and download the legal pack files.

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