Lot 4 - 40 Clarendon Road, Morecambe, Lancashire, LA4 4HS
- Unconditional Online Auction Sale
- Guide Price* : £110,000
- Bedrooms: 7
- Bathrooms: 3
- Reception Rooms: 2
Substantial mixed-use property boasting seven bedrooms with exceptional development potential! To be sold via online auction - powered by The Auction Group
Description
A rare and exciting opportunity to acquire this substantial terraced property with ground floor shop frontage, occupying a prominent position in Morecambe and offering enormous scope for redevelopment. Currently arranged and used as a spacious family home, the property offers generous accommodation across multiple floors, including seven bedrooms, alongside the commercial shop space to the ground floor. With its size, layout and flexible configuration, the building presents an excellent opportunity for a variety of uses. Ideal for developers or investors, the property offers significant potential to convert into flats or multiple residential units (subject to the necessary permissions), making it an attractive investment in an area undergoing major regeneration. Positioned close to the proposed Eden Project Morecambe development, the property is perfectly placed to benefit from the continued growth, investment and increasing demand expected within the town. Whether you are looking for a large family home with commercial space, a redevelopment project, or an investment opportunity with strong future potential, this versatile property offers a fantastic opportunity to unlock considerable value.
Auction Details
To be sold via Online Auction, via unconditional terms, completion strictly within 28 days
Bidding window opens - TBC
Auction Ends- TBC
Starting price - £110,000 (Reserve price is higher & unpublished)
Fees
All fees are payable by banks transfer only (we do not take card payments )
Buyers premium - Please note that there is a buyers premium of £6000inc vat that applies to this lot ( %including VAT ) payable by the buyer within 2 hours of winning the auction. The buyer's premium does not constitute part of the sale price, this is the auctioneer's fee and is to be paid over and above the sale price paid to the vendor.
Searches - searches have been ordered and will be made available for download from The Auction Groups website prior to bidding taking place.
Viewings
To view the property please visit The Auction Groups website - www.the-auctiongroup.co.uk for viewing availability and to register your interest. It is highly recommended that you carry out any required due diligence prior to placing an offer on a property.
EPC Rating: D (current 60, potential 73)
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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