Auction House London

Lot 68

 

63 Bradford Street

Bolton, Lancashire, BL2 1HT

Unsold, the last bid was £155,000. Please refer to Auctioneer for Reserve.

A Residential Investment Producing £25,200.24 per annum

Description

The property comprises an end of terrace building over ground and first floors internally arranged to provide two x one bedroom flats and four self-contained bedsits. The property has undergone a program of refurbishment.

Tenure

Leasehold. The property is held on a 999 year lease from 1st May 1871

Location

The property is situated close to the heart of Bolton town centre close to local shops and amenities. The open spaces of Leverhulme and Bradford Park are within easy reach. Transport links are provided by Bolton rail station. Local routes into and out of Bolton include the A579 and A666.

Exterior

The property benefits from a private rear garden and garage.

Tenancy

Each flat/bedsit is let on an Assured Shorthold Tenancy at a rent of £80.77 per week.

Viewing Details

Thursday 16th October 13:00-14:00
Tuesday 21st October 13:00-14:00
Thursday 23rd October 13:00-14:00
Monday 27th October 13:00-14:00

Bold Black Text

Total Current Rent Reserved £25,200.24 per annum

Addendum

The property is held on a 999 year lease from 1st May 1871

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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