01844 355023    

D7 The Warehouse Apartments, Victoria Street, PRESTON, Lancashire, PR1 7QT

  • Conditional Online Auction Sale

GOTO ONLINE AUCTIONS ARE PLEASED TO OFFER THIS FOUR BED APARTMENT IN PRESTON PR1.

Tenure

LEASEHOLD

Description

Key features

Apartment
Four Bedrooms
Four En-suites
Open Plan Kitchen
Communal Lounge
NO CHAIN
Ideal Investment Opportunity
Fully Managed By On-Site Management Team
Next To Students Union
Close To All Main University Buildings

Property description

Tenure: Leasehold, 999 years remaining

The Property

**Ideal Investment Opportunity**
Ideal investment opportunity for a four bedroom student accommodation. This property is an ideal remote and fully managed investment opportunity.
Ideally located next to the Students Union and within easy reach of all major University Buildings and the City Centre.

This four bedroom apartment is set up for student accommodation. The property is occupied 43 weeks of the year and is run by its own on-site management.

The property comprises of entrance hall, four bedrooms all with en-suites and a communal lounge open plan into the kitchen.

Within walking distance from the Train Station, University and City Centre. Sold with no chain delay do not miss out on this fantastic opportunity.

Past rental achievements available upon request.

Communal Entrance
Secured intercom. Access to the apartment.

Entrance Hall
Secured intercom. Ceiling light point. Door to the boiler room. Doors to the bedrooms and the communal living room.

Bedroom One
5.94m x 2.41m (19' 6" x 7' 11")
Double glazed window. Electric heater. Fitted bed, desk and wardrobes. Ceiling light point and door to the en-suite.

En-suite One
Three piece suite comprising of shower cubicle, pedestal wash hand basin and low level WC. Fully tiled walls. Ceiling light point and extractor fan.

Bedroom Two
5.94m x 2.41m (19' 6" x 7' 11")
Double glazed window. Electric heater. Fitted bed, desk and wardrobes. Ceiling light point and door to the en-suite.

En-suite Two
Three piece suite comprising of shower cubicle, pedestal wash hand basin and low level WC. Fully tiled walls. Ceiling light point and extractor fan.

Bedroom Three
5.94m x 2.41m (19' 6" x 7' 11")
Double glazed window. Electric heater. Fitted bed, desk and wardrobes. Ceiling light point and door to the en-suite.

En-suite Three
Three piece suite comprising of shower cubicle, pedestal wash hand basin and low level WC. Fully tiled walls. Ceiling light point and extractor fan.

Bedroom Four
5.94m x 2.41m (19' 6" x 7' 11")
Double glazed window. Electric heater. Fitted bed, desk and wardrobes. Ceiling light point and door to the en-suite.

En-suite Four
Three piece suite comprising of shower cubicle, pedestal wash hand basin and low level WC. Fully tiled walls. Ceiling light point and extractor fan.

Kitchen
Open plan living space into the kitchen. The kitchen benefits from modern wall and base units with contrasting work surfaces incorporating breakfast bar, electric oven and hob. Integrated appliances. Single stainless steel bowl and drainer. Part tiled walls. Ceiling light point and electric heater.

Lounge
Open plan communal area.

EPC Rating

CURRENT 76/86 POTENTIAL

Opening Bid and Reserve Price

This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.

Comments

This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.

By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.

Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £5,400 including VAT, plus a buyer's administration charge of £354 including VAT, a total of £5,754. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.

The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.

Buyer's Administration Charge

If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £354.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Energy Performance Certificate (EPCs)

An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.

Minimum Opening Bid

£100,000

Set Bid Amount Below

Connecting to server...

Office Contact

Auction Concierge Specialist
01844 355023

Agreement Documents

Legal Documents

Log in to view legal documents

Additional Documents

Related Documents

Share