Property Auction House and RICS Registered Valuer

Next Auction:
12/12/2024

Current Lots
Regulated by RICS
By Order of the Executors

Lot 4

4d Jubilee Court, 129 Flyde Road, Preston

Photo of 4d Jubilee Court, 129 Flyde Road, Preston
Reoffered at next auction

MAP

By Order of the Executors

Lot 4

This ground floor studio flat forms part of a student accommodation complex off Fylde Road within walking distance of the University of Lancashire. The area is to the North West of the centre of Preston with shopping facilities and main line rail services. We understand the flat has a spacious room and kitchen with a communal kitchen. This apartment can only be rented to a student and we understand is currently achieving £100 per week. The property is sold with this ongoing income and will be of interest to investment buyers.

ACCOMMODATION

Studio Room, Bathroom, Communal Kitchen.

TENURE

Leasehold. 250 years from 21st September 2016, thus approximately 242 years unexpired.
Ground Rent £450-£500 pa

LOCAL AUTHORITY & TAX RATING

Preston City Council
Council Tax Band A
EPC Band C

VIEWING TIMES

By appointment through the Auctioneers

Enquiry Form

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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