Tenanted Two Bedroom Second Floor Apartment – Income of £12,000pa

NO VIEWINGS AVAILABLE Auction House North West has not inspected the subject property but have been advised this is a two bedroom apartment residing on the second floor of a purpose built apartment building. Comprising of an entrance hallway, open plan kitchen/living/dining room, primary bedroom with ensuite shower room and a further bedroom and main bathroom. Allocated parking is also offered. Taken from the current EPC for the property, the total floor area is 63 m2. Tenancy: The property is currently tenanted on an AST from 18th June 2025 until 17th December 2025 paying £1,000pcm / £12,000pa. For more information relating to the tenancy, please refer to the legal pack. Tenure: Leasehold Title number: LAN282300 Length of Lease/Term: 250 years from 23 November 2023 Ground Rent: Please refer to the legal pack Service Charge: Please refer to the legal pack Council Tax Band: B Local Authority: Preston Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Leasehold.

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding

Energy Efficiency Rating (EPC)

Current Rating B

Local Authority

Preston City Council

Solicitors

Riverbrooke Solicitors, Ref: Riverbrooke Solicitors, Tel: 02033767001

Additional Fees

Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £2500 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.