£13,500
1 bed flat for saleNelson Square, Bolton BL1
1 bed
1 bath
1 reception
- Auction
Pattinson - Auctions
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About this property
Being Sold via Secure Sale online bidding. Terms and Conditions apply.
Tenant in Situ from September
Student Investment
Fully Managed service available
Summary
The beautiful period building was transformed in 2012 to create without doubt a fantastic student environment where residents settle into university life easily and become part of The Pack Horse community'. Briefly comprising of open plan studio with ensuite. The unit also benefits from a communal kitchen/diner area.
The property is going to be occupied for 46 weeks from September at 110 per week with a fully managed service from the letting agent.
This is not your typical student accommodation and continues to be popular with students due to the vast array of facilities available to tenants. These include, but are not limited to a large central common room ideal for socialising, playing pool and table tennis.
There is also a large projector screen offering movies to the residents, a fully equipped gym and on site laundry facilities.
The university is within close proximity which is always a popular requirement for tenants as well as the many amenities Bolton has to offer such as bars, restaurants and retail shops.
Due to the property's close proximity to the city centre - Bolton Interchange and Bolton Trinity station are within walking distance to allow for convenient travel options to Manchester or further afield.
The Building also comes with CCTV in common areas for safety and the building is accessed via a key fob for security.
Finally the building also offers a concierge service there for help and support should this be required.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 112
Annual Ground Rent Amount: 300.00
Annual Service Charge Amount: 2,817.00
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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