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21, Petunia Close, LEYLAND, Lancashire, PR25 5RE

19th December 2023
starts 10:00 AM at Grand Connaught Rooms
sold for
£86,000

Tenure: Leasehold.  Lease Information awaited.  Please check the Legal Pack for further details.

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The negotiator dealing with this Lot is James Paterson and he can be contacted by email: james.paterson@barnardmarcus.co.uk
Long leasehold ground floor purpose built self-contained flat requiring modernisation
Full vacant possession

Video Tour: Click Here

Location:
The property is situated on Petunia Close which is located off Lancaster Lane via Magnolia Drive. Public transport links include Leyland mainline rail station together with a network of local bus services serving the surrounding vicinity. Road links include the M6, M65 and M61. Shopping amenities can be found locally within Leyland with an extensive range of shops, bars and restaurants being found in Preston. Recreational pursuits can be found locally at the open spaces of Cuerden Valley Park.

Description:
Long leasehold ground floor purpose built self-contained flat requiring modernisation.

Accommodation:
Ground floor: Two bedrooms, reception room, kitchen, wet room/WC, hallway
Outside: Rear garden, allocated parking

EPC rating: C

Council Tax Band: B

Lease:
Held on a long lease for a term of 999 years (less 1 day) from 1 January 1997 (Thus having approximately 973 years remaining) at a ground rent of £75 per annum

To view: 9/12, 13/12, 16/12 at 12pm
No booking required - Please arrive at the time stated

Note from sellers solicitor/ Auction Pack Summary:
1. The Property is registered at the Land Registry as a Leasehold Title under title number LA839125.
2. The Seller is selling as Executor and has no personal knowledge of the property, no property information forms will be provided, and the property is sold as seen.
3. Limited Title Guarantee only will be provided.
4. The Lease provides for a ground rent of £75 per annum. The Lease term is 999 years from 1st January 1997.
5. The Lease imposes a covenant on the Tenant to insure the Premises.
6. The definition of the Premises includes areas used by other flats to access parking and other areas.
7. There are defects in the 1998 Lease in that the lease defines the Premises as the Ground Floor Flat including the roof and roof members…. This should read the Ground Floor Flat including the Foundations. The Freeholder has agreed to vary the lease and the completed Deed of Variation is included in the legal pack. We have applied to register the Deed, the application is outstanding with the Land Registry.
8. Petunia Close is unadopted highway.
9. Any Prospective buyer should take legal advice on the legal pack before placing a bid and the above summary is not intended to be a replacement for such advice.













Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.


1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Council Tax Band: B
Leasehold Information:

  • Number of years left on lease: 972 years (as of Auction date)
  • Annual service charge: Please contact Auction centre
  • Annual ground rent: Please contact Auction centre
  • Annual ground rent review period: Please contact Auction centre
  • Ground rent increase: Please contact Auction centre

Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.

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lot infomation last updated: 14th February 2024 at 08:15 AM
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