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Five Bedroom Terrace House with Basement
Two storey plus basement, traditionally constructed five bedroom terrace house with rear yard. Internally to the ground floor there is an entrance hall leading to a front room (currently furnished as bedroom), a living room, kitchen and stairs leading to the first floor and stairs leading to the basement. Basement provides two further bedrooms, together with store room, shower enclosure and wc, plus access to a rear paved yard area. To the first floor there is a bathroom and three further bedrooms. The property is situated fronting Wellington Street, a short distance from its junction with Water Lane (A583) in a predominantly residential area approximately 1 mile from Preston City Centre and convenient for the University of Central Lancashire. The property is fitted with upvc doubled glazed windows and doors and gas fired central heating. The property has previously been used as a HMO and occupied by students, however the property does not currently have a valid HMO Licence. We have been advised that the property was previously let at a rental of £80 per room, per week which equates to £400 per week in total (£1,733 pcm or £20,800 pa).
Tenure
To Be Confirmed In Legal Pack
Viewing
Please contact Auction House North West Commercial on 0161 830 7477
Energy Efficiency Rating (EPC)
Current Rating D
Local Authority
Preston City Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - 1.2 % including VAT subject to a minimum £900 including VAT Buyer's Premium payable in addition to the Administration Charge
Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.