*Guide | £28,000 (plus fees)
- Studio
- Tenure: Leasehold.
Call the team on 01772 772450 for more information
Tenanted Ground Floor Studio Flat (Student Accommodation) – Income of £7,446pa
NO VIEWINGS AVAILABLE Auction House North West have not inspected the subject property but we have been advised this is a ground floor studio flat which resides within a five-storey block of student accommodation. We believe the accommodation to comprise of an open plan room with a separate shower room and kitchen. Within the building, there are several amenities such as laundry facilities, cinema room, study/meeting room, gymnasium and a communal roof garden. There is also a secure entry system to the building along with 24hr CCTV within the communal areas. The flat is being sold with tenants in situ and have a tenancy agreement in place until August 2026 paying £7,446pa. For more information relating to the tenancy, please refer to the legal pack. Taken from the current EPC for the property, the total floor area is shown as 22 m2. Tenure: Leasehold Title number: LAN218964 Length of Lease/Term: 125 years commending on and including 21 September 2018 Ground Rent: Please refer to the legal pack Service Charge: Please refer to the legal pack Council Tax Band: A Local Authority: Preston Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
Tenure
Leasehold.
IMPORTANT INFORMATION
Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Energy Efficiency Rating (EPC)
Current Rating C
Local Authority
Preston City Council
Solicitors
Priority Law Limited, 5300 Lakeside, Ref: Priority Law Limited
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £2500 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
