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2 bedroom apartment for sale
3 Medway House, Samuel Street, Preston, Lancashire, PR1 4YJ
£22,500
3 Medway House, Samuel Street, Preston, Lancashire, PR1 4YJ
£22,500
Our Summary
- Guide Price £20,000 - £30,000 * Plus 5% Buyers Premium + VAT For sale by unconditional online auction on the 30th of April 2025
- Registration is now open, bidding opens on 30th on April at 10:00 and ends on 30th April 2025on April at 11:26 TWO BED GROUND FLOOR APARTMENT TO BE SOLD AT AUCTION on 30TH APRIL 2025 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 on April 30th, 2025, with a guide price of £20,000 to £30,000. The property has a tenant in situ, generating £5,868 per annum, making it an attractive investment opportunity for those seeking a high-yield income. The apartment is located near Preston town centre, with good access to local schools, shops, and amenities, as well as nearby train stations and motorways. The sale is unconditional, with a 5% buyer's premium and VAT (minimum £5,000 + VAT) payable upon the fall of the hammer. The buyer will be legally bound to purchase the property, and the vendor will be legally bound to sell, with a completion deadline of 28 days following the auction. Pre-auction offers are also being considered, subject to the same auction conditions.