2 bed flat for sale

Ripon Street, Preston, Lancashire PR1

Fantastic investment opportunity with £12,000 per year income. A newly renovated two bedroom apartment and shop premises, both with tenants in situ.

To be sold via Modern Method of Auction - T & c's apply.

No chain delay and viewing highly recommended.

Situated within this excellent location in Plungington offering easy access to local amenities and transport links.

The accommodation briefly comprises; currently a chip shop in the ground floor shop with rear kitchen, store room and wc. To the rear is a two bedroom apartment with, lounge, kitchen, two bedrooms and bathroom. Double glazing, electric heating system and rear yard.

Ground Floor Shop

Shop (4.24m x 4.23m)

UPVC door and double glazed window to the front and shop counter.

Kitchen (4.29m x 2.16m)

Gas hob and oven, extractor and stainless steel sink and drainer.

Store Room (3.2m x 1.92m)

UPVC door to the rear and tiled flooring.

WC

Low flush wc, wash basin and part tiled walls.

Flat

Kitchen (4.46m x 2.14m)

Double glazed window and uPVC door to the rear, range of wall and base units with complementary work surfaces, electric cooker point, stainless steel sink and drainer, space for washer, part tiled walls and electric radiator.

Landing

Staircase leads from the kitchen to the first floor landing.

Lounge

Double glazed window to the rear and electric radiator.

Bedroom One (3.65m x 2.48m)

Double glazed window to the front, fitted wardrobes and electric radiator.

Bedroom Two (2.77m x 1.87m)

Double glazed window to the front and electric radiator.

Bathroom

Double glazed window to the rear, bath with shower over, wash basin, low flush wc, part tiled walls and boiler.

Council Tax Band & Tenure

We have been advised by the seller that the Council Tax Band is Band A and the Tenure is Freehold.

Auctioneers 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. 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 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 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 (truncated)