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For sale by Unconditional Online Auction.
A three-bedroom, end-terrace property in Preston currently let at £11,400 per annum.
A three bedroom, bay fronted property situated in a popular residential area of Preston. The property has recently undergone a full scheme of refurbishment and is now in excellent condition throughout, ideal for owner occupiers or as a ready-to-go investment opportunity.
The property sits just over a mile from Preston Town Centre, well positioned for access to all necessary amenities and services including shops, schools, transport links and a selection of pubs, bars and eateries.
The property itself offers two reception rooms and a kitchen to the ground floor along with three good size bedrooms and a family bathroom to the first floor. The property is currently tenanted at £11,400 per annum but we have been told that the tenants are due to move out prior to completion.
Accommodation:
Vestibule -
Entrance Hallway
Reception Room One - 13ft5 x 10ft9
Reception Room Two - 12ft7 x 11ft6
Kitchen - 11ft8 x 6ft1
First Floor -
Landing
Bedroom One - 12ft7 x 11ft6
Bedroom Two - 13ft5 x 10ft9
Bedroom Three - 11ft0 x 8ft11
Conservation Area We have been made aware this property is in the Ashton conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.
Mobile Phone Coverage O2, EE, Three and Vodafone are available in this location.
Satellite and Cable TV Availability BT and Sky are available in this location.
Broadband (estimated speeds) Standard 20 mbps. Superfast 80 mbps. Ultrafast 1800 mbps.
Construction Material Cavity wall, as built, no insulation (assumed). Information taken from EPC.
Draft Sales Details These sales details are awaiting vendor approval.
Tenure: Freehold
EPC Rating: E
Terms:
Auction Details:
The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price:
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.