No longer on the market
This property is no longer on the market
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Studio
Key information
Features and description
- For sale by live stream auction
- Guide price £15,000 £20,000
- Studio
- Council tax band a
- EPC RATING:
*GUIDE PRICE £15,000-£20,000
This student rental property is sure to appeal to any investors looking for an affordable investment as it is currently let on an AST from September 2022 to July 2023 and is generating an impressive income of £95 per week. Primo Property Management advertise this as a private studio with en-suite toilet and shower, fully fitted with kitchenette, three quarter bed, shelving, work station/study area. Please refer to the legal pack for tenancy details and also visit primopropertymanagement.co.uk for further details.
The accommodation also offers exclusive access to a range of facilities including an entertainment room, gym and laundry room.
We have not yet been provided with itemised expenditure regarding the lease but the seller has advised that their total expenditure last year was £2,320. This figure included the ground rent, service charge, council tax, utilities, property maintenance, tenants finding fee and management fee.
The property is located in the heart of Bolton town centre with a wealth of shops and amenities on the door step.
There is a further buyers premium on this lot of £1,500 including VAT.
Lease Length - 125 Years from December 2012
Rooms
ADDITIONAL INFORMATION
Tenure
Leasehold
Disclaimer
Any information in relation to the length of lease, service charge, ground rent has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Council Tax
Band A
Charges & Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT. Buyers Premium: £1,500.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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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