Property Description

A ground floor studio room located within the popular student accommodation of Canterbury Hall, conveniently positioned for access into Preston city centre as well as to the University of Preston. We understand the studio room consists of a living/bedroom/kitchenette and shower room. The five-storey development includes communal areas which consist of a roof terrace, lounge with a fitted kitchen, gym, launderette and cinema room. The seller understands that the student room is let for 51 weeks until August 2026 producing £7,446 per annum. Interested buyers are advised to inspect the legal documents in this respect prior to placing their bid as this will be binding.

Leasehold Information

125 years commencing on and including 21 September 2018. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Notes to Buyers:

Sale is by receiver with no title guarantee. Any available leasehold information will be included within the legal pack and the property may be tenanted however prospective buyers are referred to special conditions 39 & 40 and are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. The receiver is not in a position to respond to queries and we are asked not to submit preliminary enquiries.

Tenure

Leasehold

---