Lot 1 - 31 Vanguard Close, Bury, Lancashire, BL8 1NF
- Unconditional Online Auction Sale
- Guide Price* : £80,000
- Residential invesment
- 2 Bedrooms
- Apartment within a purpose built block
- Rent £665 per month
- Convenient location
- Scope to increase rent in due course
On behalf of the LPA Receivers: Residential investment comprising a ground floor 2 bedroom flat with car parking space that is let at £665 per calendar month
Description
The property comprises a ground floor 2 bedroom flat in a three storey purpose built apartment block. The flat provides a kitchen, living room, main bedroom, bathroom, 2nd bedroom, storage room. There is also one car parking space allocated. Heating is via wall mounted electric heaters, with a thermal store cylinder for hot water. The property will be sold with a tenant in situ who we understand has lived there for 3 years and occupies under the terms of an AST at a rent of £665 per month.
Location
Conveniently located 0.5mile to the west of Bury town centre, with access to bus routes and local shops on the nearby Tottington Road (B6213).
Tenure
Leasehold for a term of 999 years from 4th May 2004 at a fixed ground rent of £200 per annum. Service charge to be confirmed within the legal pack.
Accommodation
The property has a gross internal floor area of 50.17 Sqm (540 sq.ft).
Outside
Allocated parking space.
Tenancies
AST at a rent of £665 per month.
EPC
Energy Asset Rating is TBC.
Council Tax Band
A
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,700 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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