Fairhaven Road, Preston, PR1 9RD

Being Sold via Secure Sale online bidding. Terms & Conditions apply.

Starting Bid £99,000 Situated on Fairhaven Road, Lancashire, this property presents an exciting opportunity for buyers looking to take on a renovation project and create a home tailored to their own taste and style.

Requiring refurbishment throughout, the property offers plenty of scope for improvement and modernisation, making it an ideal purchase for investors, developers or prospective homeowners looking to add value and put their own stamp on a property.

With the potential to transform the existing accommodation, buyers have the opportunity to reconfigure and update the interior to suit their individual needs, subject to any necessary consents.

Conveniently located within reach of local amenities, schools and transport links, the property could appeal to a range of purchasers seeking a project with potential.

Early viewing is highly recommended to appreciate the opportunity on offer and explore the possibilities this property presents.

Key Features Exciting renovation opportunity Requires refurbishment throughout Excellent potential to add value Ideal for investors, developers or owner-occupiers Scope to personalise and modernise throughout Convenient location in Lancashire Viewing highly recommended Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.

The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.

The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.

It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.

The deposit will be a contribution to the purchase price.

A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £7,200 inc VAT) is also required to be paid upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.

There is no requirement or indeed obligation to use these recommended suppliers or services. Disclaimer:These particulars, whilst believed to be correct, do not form any part of an offer or contract.

Intending purchasers should not rely on them as statements or representation of fact.

No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate.

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.Anti-Money Laundering (aml) and Identity Verification Checks In accordance with our regulatory obligations, all applicants will be required to complete Anti-Money Laundering (aml) and Identity Verification checks.

A non-refundable fee of £54.00 per applicant will be payable to cover the cost of these checks. We use Vorensys to carry out these verification processes.

Applicants will be contacted directly by Vorensys to provide the necessary information and documentation.

Once the checks have been successfully completed and approved, we will be notified and will proceed with the application accordingly.

Please note that the aml and Identity Verification fee is non-refundable, regardless of the outcome of the application or verification process.