£6,000
1 bed flat for sale85-93 Bradshawgate, Bolton BL1
1 bed
1 bath
1 reception
EPC Rating: D
About this property
Student accomodation
Access to facilities
Town centre
Investment opportunity
Close to transport links
6th floor studio
EPC Rating D
***sold via modern method of auction***
This property is for sale by Modern Method of Auction powered by iamsold ltd- Starting Bid £6,000 + reservation fee.
Located in The Cube, is this studio-apartment for sale sold with tenant in situ. This studio is located on Bradshawgate in the town Centre. Close to all the amenities including shops, restaurants and bars. It also offers great access to transport links by the bus and train all in walking distance.
Access to the property is via a secure communal door which leads to a reception area, staircase and lift and the studio is on the 6th floor. There is also the added benefit of use of the gym, communal lounge and laundry room. The studio itself is made up of an open lounge/study area. A kitchen and bedroom and a three piece shower room with wc and basin.
The property is student accommodation and is being sold with tenant in situ the tenant currently pays £145 per week.
We are advised that the property is Leasehold with 239 years remaining on the lease. Ground rent is £362.43 and Service charge is approx. £4475 per annum The property is within Bolton Council Tax band A.
Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
EPC rating: D.
Tenure & Council Tax Band
We are advised that the property is Leasehold with 239 years remaining on the lease. Ground rent is £362.43 and Service charge is approx. £4475 per annum The property is within Bolton Council Tax band A.
Bedroom, Lounge & Kitchen
Carpet flooring, electric heating, study area, fitted kitchen with wall and base units and vinyl flooring.
Shower Room
Walk in shower, WC and hand wash basin.
Disclaimer
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
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More information
Tenure
Leasehold (NaN years)
Service charge
£4,475 per year
Council tax band
A
Ground rent
£362
Ground rent date of next review
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