Lot 2 - Flats 1,2,3 & 4, 1 Bank Parade, Preston, Lancashire, PR1 3TA

  • Unconditional Online Auction Sale
  • Guide Price* : £90,000 plus
  • Four 1 bedroom flats
  • Established area for rented accommodation
  • Walking distance to city centre

ON BEHALF OF COURT APPOINTED RECEIVERS: Four vacant (three 1 bedroom and one 2 bedroom) flats in need of refurbishment

Description

The property comprises a corner property, split into four vacant flats (three 1 bedroom and one 2 bedroom) which are need of refurbishment. Three of the flats share a common entrance and hallway and one of the flats has it's own entrance accessed from Frenchwood Street. In addition there is a cellar and a rear yard. The units are separately metered and benefit from gas central heating (not-tested). Part of the the property may be Grade II listed : https://historicengland.org.uk/listing/the-list/list-entry/1279846.

Location

Situated in an established area for rented and owner occupied residential properties Preston city centre, with it's retail and leisure amenities and main line railway station is within 0.5 mile and approximately 10 minutes walk. Access to Bank Parade from Avennham Lane is via Frenchwood Street and Aveneham Terrace. The property is well located for several primary schools and places of worship.

Tenure

Freehold

Accommodation

Cellar - Storage
Flat 1 - Kitchen, Reception, Bedroom and Bathroom
Flat 2 - Kitchen, Reception, Two Bedrooms and Bathroom
Flat 3 - Kitchen, Reception, Bedroom and Bathroom
Flat 4 - - Kitchen, Reception, Bedroom and Shower Room

Outside

Rear yard

EPC

Flats 1, 2 and 4 - Energy Asset Rating is D. Flat 3 Energy Asset Rating is C.

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2400 (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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Sold for £190,500

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Office Contact

James Ashworth
0161 967 0122

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