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Orrell Road, Wigan, Lancashire

£69,000 Guide Price
For Sale

Property Features

  • For sale by auction on 5th July at 1 pm
  • Register for the auction via our website at www.infinitepropertyltd.com
  • Let to Serco on a long term lease
  • 2 bedroom terraced property
  • Rear Garden

Full Details

This 2 bed terraced property is being sold via traditional auction. Currently let on long lease to Serco at £490 pcm until April 2029. The property is fully maintained by the tenant under the lease. Full details are within the auction pack on our website https://infinitepropertyltd.com/auctions/

Due to the nature of the tenant viewings are unfortunately unavailable.

This property is available via online auction which is being held on the 5th July at 1pm

Please visit the Infinite Property website and click ' Auctions' on the main menu.

In order to bid first, register and verify your email.

Then, via the dashboard:

- pass an ID check

- enter your card details

- enter your solicitor details

The winning buyer must pay £5,000 automatically at the end of the auction of which:

- £3,300+VAT is a buyer fee
- £1,040 is a deposit contribution.

Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Bamboo Auctions and Infinite Property shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.

Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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All information relating to this property, including descriptions, pictures and other related information has been provided by Infinite Property. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.

Leasehold Information

Number of years remaining on the lease: 827 years

Current ground rent and any review period:
- £1 per year
Council tax band: A

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