Lot
058
Auction: September 2021 Online Auction 22/09/2021

16b Leighton Hall, Leighton Street, Preston, Lancashire PR1 8RH

Property Details
Location
Description
A six bedroom student accommodation unit within a purpose built modern block, immediately adjacent to the campus of the University of Central Lancashire. The vendor informs us that the net revenue is distributed three times a year with the rent for 2020/21 academic year being £9,707.
Location
The property is located immediately adjacent to the campus of the University of Central Lancashire, within the city centre of Preston. Access from the A59 is via Marsh Lane and the city centre is within a few minutes walk.
Accommodation

First Floor:Entrance Hall, 6 En-suite Bedrooms. Communal Lounge/Kitchen

Outside
There is undercroft parking to the building.
Tenure
Unknown
Tenancy
We understand that each room is let by way of an Assured Shorthold Tenancy agreement for 42 weeks per year. The net rent for the 2020/21 acadmenic year was £9,707 after deductions for letting, rent collection, on-site management and security, maintenance, repairs and refurbishment.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST SEPTEMBER AND CLOSES ON WEDNESDAY 22ND SEPTEMBER.

3. The property is listed with a Council Tax assessment in Band C.

4. Energy Performance Certificate = D.
Addendum
The property is held by way of a 150 year lease from 1 January 2005.

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