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Studio flat for sale
Bradshawgate, Bolton, Greater Manchester, BL1
£3,500
Bradshawgate, Bolton, Greater Manchester, BL1
£3,500
Our Summary
- ** For Sale By Online Auction** Pre Auction Offers Considered** Cash Buyers Only** Modern student unit, positioned within Bolton town centre, close to an abundance of shops, amenities, bars and restaurants as well as great transport links nearby
- 40 (First half of the year was the same) **Please note that the images that are being used are stock images and the property itself may differ** Traditional Terms & Conditions - This property is for sale via Online Auction
- This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
- The auction will run for 3 hours on a set date and time chosen by the vendor of the property
- The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount
- Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3
- The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives
- Properties may be sold prior to public auction if an offer is accepted by the vendors
- **Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction
- **Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold
- Auction Pack Available On Request
- Cash Buyers Only
- Pre Auction Offers Considered
Description
This modern student unit is located in the heart of Bolton town centre, within walking distance to various shops, amenities, bars, and restaurants, as well as excellent transport links. The property is a great buy-to-let investment opportunity, with a leasehold tenure that has 239 years remaining. The current tenancy starts in September 2025 and lasts for 357 days, with a weekly rent of £145 and a total rent payable of £7,395. The ground rent is £362.43 per annum, and there is a service charge payable on a bi-annual basis. The property is being sold via online auction, with a reserve price to be met, and the winning bidder will be required to pay a 10% deposit and a non-refundable reservation fee of 3.6% of the winning bid, in addition to the purchase price. The auction is powered by Whoobid and is subject to terms and conditions, which will be available to download as part of the auction pack.