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Auction Property Details

18-32 Bannister Hall Lane, Higher Walton, Preston, PR5 4DB

This property is listed in the following auctions

Lot 50 - 13.12.2017

POSTPONED

For sale by auction 13th December 2017

WHY BUY?
8 x short leases
Circa 50yrs remaining
Total rent passing £100pa

DESCRIPTION
Freehold title for 8 x one bedroom flats all of which have short leases with circa 50 years remaining on their terms. Potential to charge premiums to extend the leases if the vendors of the flats wish to sell as they will currently be unmortgagable. There is a low ground rent of £12.50pa associated with each unit.

LOCATION
The flats are on sought after Bannister Hall Lane in Higher Walton which is close to the M6 and Bamber Bridge just outside of Preston. 

NB - This sale is for the freehold only.

 

Price Information

*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.

Next
Auction

13th December 2017 1.00pm

Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW

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