Guide price
£60,000
1 bed flat for saleBishopgate, Preston, Lancashire PR1
1 bed
1 bath
1 reception
EPC Rating: B
Reduced on
About this property
Fantastic investment opportunity with tenant in situ
To be sold via Modern Method of Auction - T&c's apply
Luxury one bedroom apartment
Excellent city centre location in Preston
Open plan lounge / dining kitchen with appliances
Master bedroom and modern bathroom
Viewing recommended
Prime investment opportunity offering a fantastic yield.
To be sold via Modern Method of Auction - T&c's apply.
Luxurious one bedroom apartment located in the heart of Preston city centre offering excellent access to the new cinema and entertainment development.
No chain delay and viewing highly recommended.
The accommodation briefly comprises; a superb open plan lounge / breakfast kitchen with integrated appliances, spacious master bedroom and modern bathroom. Double glazing with floor-to-ceiling windows, electric heating system, residents lounge, concierge and communal rooftop gardens.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Lounge / Dining Kitchen
Double glazed floor to ceiling windows, range of wall and base units with complementary work surfaces, stainless steel sink and drainer, electric hob and oven with extractor, integrated fridge, freezer and washer, electric radiator and laminate flooring.
Bedroom
Double glazed floor to ceiling window and electric radiator.
Bathroom
Modern three piece suite comprising; bath with shower over, wash basin, low flush wc, part tiled walls and tiled flooring.
Council Tax Band & Tenure
We have been advised by the seller that the Council Tax Band is Band A and the Tenure is Leasehold.
Auctioneers Comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. (truncated)
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Tenure
Leasehold (124 years)
Service charge
£2,737 per year
Council tax band
A
Ground rent
£188
Ground rent date of next review
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