Cross Street, Preston, Lancashire, PR1 8RD

We are delighted to bring to the market this two bedroom, second floor apartment, situated near Winckley Square in Preston City Centre. The location offers easy access to both the train and bus station, and benefits from being just a few minutes walk from Fishergate and all the amenities it has to offer including shops and restaurants.

As you enter the apartment, you are greeted by a welcoming entrance hall which houses a utility cupboard and provides access to all other rooms. To the right of the hallway, you will find the spacious open plan kitchen/living room which has a built in fridge/freezer and oven with hobs and overhead extractor fan, a washing machine, and plenty of cupboard and drawer space. The room is also big enough to accommodate a small dining table as well as the necessary living room furniture. Next to the living room there is the smaller of the two bedrooms, then the larger bedroom with the en suite shower room. Both bedrooms benefit from a good amount of natural light, and provide comfort for occupants. Finally there is the main bathroom which is to the left of the front door and briefly comprises of a bath with overhead shower, toilet and sink.

The apartment is currently tenanted, making it a great opportunity for investors to start or add to their portfolio.

The vendor has informed us that the tenant is currently paying £795 pcm.

Council Tax Band: A Tenure: Leasehold Length of Lease: 142 Annual Ground Rent Amount: £457.00 Annual Service Charge Amount: £1,520.00

Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.