Apartment 144 Centenary Mill Court, New Hall Lane, Preston, Lancashire, PR1 5JH
- Conditional Online Auction Sale
- Bedrooms: 2
Description
Large two bedroom duplex apartment, located in n the ever popular Centenary Mill court development Ideally located close to all local amenities including independent shops, schools, supermarkets, parks, bars/restaurants and is a short walk into Preston center. Centenary mill court is perfectly situated for commuting too, easy access to Manchester /Blackpool with the M6, M61and M55 minutes away. The train station is also nearby, this gives links to Manchester and Lancaster, The apartment has everything you need including state of the Art Intercom & security system. Fully fitted contemporary kitchen with fridge/freezer, hob & Oven, Dishwasher and washing machine included The open plan lounge is larger than usual with absolutely stunning views across this award-winning development.. (a re-development conversion, originally a textiles mill dating back to 1895). The main double bedroom is unique in its design and is well proportioned with the en suite comprising of shower cubicle and bathroom suite, with balcony overlooking the open plan living space. The second double bedroom boasting a modern design offers lots of storage space. Finally, the family bathroom has a well-maintained three-piece suit. The property comes with private parking for all residents. Early viewing is highly advised!
Lease info: 125 years from 1 January 2004
Ground rent: £235 pa
There are important restrictions and charges listed on the Title for this property which is available in the legal pack. Please be aware that restrictions and charges may, for example, result in issues obtaining a mortgage, longer completion times and restrictions on the use of the property or land. You may wish to seek further advice on this.
Tenure
LEASEHOLD
Energy Efficiency Rating - Current
75
Energy Efficiency Rating - Potential
81
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £6,600 including VAT, plus a buyer's administration charge of £372 including VAT, a total of £6,972. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Energy Performance Certificate(EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines.Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient.The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method.EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type.The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared.During this period the EPC may be made available to buyers or new tenants.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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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