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2 bedroom apartment for sale
3 Medway House, Samuel Street, Preston, Lancashire, PR1 4YJ
£25,000
3 Medway House, Samuel Street, Preston, Lancashire, PR1 4YJ
£25,000
Our Summary
- Guide Price £25,000 * Plus 5% Buyers Premium + VAT For sale by unconditional online auction on the 26th of March 2025
- Registration is now open, bidding opens on 26th on March at 10:00 and ends on 26th March 2025on March at 15:20 TWO BED GROUND FLOOR APARTMENT TO BE SOLD AT AUCTION Description THIS LARGE 2 BED GROUND FLOOR APARTMENT IS TO BE SOLD AT AUCTION The property comes with a a tenant in situ generating £5,868 pa, making it an ideal investment opportunity for discerning investors seeking a high yield income
- Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
- Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
- Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
Description
This 2-bedroom ground floor apartment is being sold at auction with a guide price of £25,000. The property is currently occupied by a tenant, generating £5,868 per annum, making it an attractive investment opportunity. Located just a short drive from Preston town centre, the property benefits from excellent transport links, including nearby train stations and easy access to the M6 and M61 motorways. The sale is unconditional, with a 5% buyer's premium and VAT (minimum £5,000+VAT) payable upon completion. The vendor is legally bound to sell the property, and the buyer is legally bound to purchase it, with contracts exchanging 28 days after the auction. Pre-auction offers are also being considered, subject to the same auction conditions.