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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 16th of April 2025
- Registration is now open, bidding opens on 16th on April at 10:00 and ends on 16th April 2025on April at 13:45 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 two-bedroom ground floor apartment is being sold at auction with a guide price of £25,000, plus a 5% buyers premium and VAT. The property is currently tenanted, generating an annual income of £5,868, making it an attractive investment opportunity. Located just a short drive from Preston town centre, the property benefits from excellent travel links and proximity to local schools, shops, and amenities. The auction is unconditional, meaning that the buyer will be legally bound to purchase the property once the hammer falls, and the vendor will be legally bound to sell. The buyer will be required to pay a 5% deposit and a 5%+VAT buyers premium, and contracts will be exchanged 28 days following the auction. The seller may also consider pre-auction offers prior to the auction date, which will be subject to the same auction conditions.