Flat for sale in District Bank Chambers, Church Street, Darwen BB3

Landlord/investment opportunity ** being sold with tenant in situ ** modern large apartment in town center ** being sold via auction ** beautiful 1 bedroom apartment ** large lounge ** modern kitchen ** parking available ** town centre location

Full Description

Ainsworth Lord Estates are acting on behalf of I am Sold Auctions, We are pleased to offer for sale via modern method of auction this Large 1 bedroom Apartment in Darwen Town Centre.

Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.8% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

The Apartment is being sold as an investment, ideally to a landlord as its sold with tenant in situ. The Return on the investment is roughly 12% yield.
There is a fully compliant 12 Month Fixed Tenancy in place, due for renewal December 2024.
All Lettings compliance and paperwork is in place for the tenancy. Gas Safety Certificate, eicr Certificate and EPC certificate all in date.

The Apartment is Located in Darwen Town Centre, with parking available to the side of the building for residents of the building.
It comprises of
- Large Lounge
- Kitchen
- Large Bedroom
- Bathroom

Contact Ainsworth Lord Estates or I am Sold for more information,

please be advised that we have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify if they are in working order or fit for their purpose.

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