Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · L40 2QP
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***for sale by auction*** ***start - Thursday 29th October - 10AM ***close - Thursday 29th October- 1PM Churcher Estates are pleased to present this three-bedroom end-terraced property, situated in the popular village of Mawdesley.
Requiring a full programme of renovation and modernisation throughout, the property offers an exciting opportunity for investors, developers, landlords or buyers looking to take on a project and create a home to their own specification.
The accommodation provides plenty of scope for improvement and currently offers traditional living spaces with a wealth of potential to reconfigure and modernise, subject to any necessary permissions.
The ground floor includes a living area, kitchen and additional space which could be transformed to suit modern-day living.
Upstairs, the property provides three bedrooms, together with bathroom facilities, all of which require updating.
The existing accommodation presents a blank canvas for a purchaser with the vision to completely refurbish the property and maximise its potential.
Externally, the property benefits from outside space to the rear, with a yard/garden area, brick-built outbuilding and boundary walls.
Again, the exterior requires attention but provides further opportunity for improvement as part of the overall renovation.
With substantial works required throughout, this property is ideally suited to a purchaser looking for a full renovation project, whether to create a characterful home, add to an investment portfolio or refurbish for future resale or rental.
Located within Mawdesley, the property offers an opportunity to acquire a home in a desirable village setting where fully renovated properties are often sought after.
Early viewing is recommended to fully appreciate the potential and scope this property has to offer.
Viewings available on request Council tax band B Freehold Additional Information For further information please contact our office directly on , or alternatively via email on .
With regards to viewing subject property, this is to be done strictly by appointment. Auctioneers Additional Comments Churcher Estates | Auction House are referred to as The Auctioneer.
This auction lot is being sold by (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on Churcher Estates website.
The property is available to view strictly by appointment only via The Auctioneer. The property is being sold via a transparent online auction.
To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments 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 or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this 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 10% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable Auction Reservation fee of 4% + VAT (subject to a minimum fee of £6,000 + VAT) is also payable upon agreement of sale and exchnage of contracts.
The Auction Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 66 New Street, Ormskirk
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