1 bedroom Apartment in Darwen

Flat 2, 1-3 Market Street, Darwen BB3 1BN
  • Lot No: 140b
  • Property Type: Apartment
  • Contract Type: Unconditional with Variable Fee

Guide Price* £20,000+ plus fees

Property Description

A residential investment opportunity comprising a well-presented apartment sold subject to a tenancy detailing a rent of £795pcm. Further details on the lease can be found in the legal pack. The property benefits from spacious rooms and plenty of natural light, offering a living room, separate kitchen-diner, and a large bedroom.

Location:

The apartment is situated in the attractive District Bank Chambers building, which is located at the intersection of Church Street and Market Street. Situated in the heart of Darwen town centre, the property benefits from its proximity to a wide range of national brands and amenities. Strong transport links are provided via Darwen train station and the A666, which leads the property to the M65 and Blackburn town centre.


Tenure:

The property is sold leasehold on a 125 year term from 2003. Buyers should consult the legal pack regarding service charge and ground rent.


Tenancy:

The tenancy details a rent of £795pcm with a £295pcm discount for the 12 month initial period.


Conservation Area:

Darwen Town Centre.


Flood Risk

Rivers and Seas No Risk. Surface Water Low.


Mobile Phone Coverage

O2, EE, Three and Vodafone are available.


Broadband (estimated speeds)

Standard 18 mbps. Superfast 80 mbps


Satellite and Cable TV Availability

BT and Sky are available.


Construction Material

Sandstone or limestone, as built, no insulation (assumed) Information taken from the EPC.


Tenure

Leasehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 23rd October 2024

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

Flat 2, 1-3 Market Street, Darwen BB3 1BN