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64B Jubilee Court, 129 Flyde Road, Preston

Key features

  • PHILLIP ARNOLD AUCTIONS ARE PLEASED TO OFFER FOR SALE BY PUBLIC AUCTION ON : Thursday, 10 April 2025
  • LOT NUMBER : 13
  • STUDENT LETTING INVESTMENT IN PRIME LOCATION
  • Residential Investment
  • Leasehold
  • *GUIDE PRICE : £20,000

Description

This top floor ensuite student room forms part of a student accommodation complex off Fylde Road within walking distance of the University of Lancashire. The area is to the North West of the centre of Preston with its shopping facilities and main line rail services. We understand the flat has a spacious room with a communal kitchen and lounge area. This apartment can only be rented to a student and we understand is currently achieving £92 per week when occupied. The seller informs us that the unit is currently held within a pool letting arrangement (so benefits from income when not let but quid pro quo has to share income with other unlet units in the reverse situation). However at present we are advised that it is let until 11th July 2025. Any buyer would be able to choose whether to continue in the pool or to let separately. This lot will be of interest to investment buyers.

ACCOMMODATION
Student Room with Ensuite

TENURE
Leasehold. 250 years from 21st September 2016, thus approximately 242 years unexpired.
Ground Rent £582.48 pa

LOCAL AUTHORITY & TAX RATING
Preston City Council
Council Tax Band A
EPC Band C

VIEWING TIMES
By appointment through the Auctioneers

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 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.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

64B Jubilee Court, 129 Flyde Road, Preston

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About Phillip Arnold Auctions, Phillip Arnold Auctions

Saunders House, 52-53 The Mall Ealing W5 3TA
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Auction can be a daunting route for a house sale, but not if you are being hand-held through the process by an experienced, friendly team. With Phillip Arnold Auctions you can be reassured that:-

1. You are in expert hands: Phillip Arnold is our Auctioneer and is the Managing Partner of the business. He has nearly 40 years' worth of property knowledge at his fingertips and is a registered RICS Valuer. As our auctioneer, Phillip Arnold has 65 auctions under his belt and has valued over 1000 properties during this time.

2. You will have a personal service: you won't be put through to a number of different people before your questions are answered. Once you have contact with one of our valuers they will be your key contact for the duration of the pre-sale period.

3. Your property will have excellent exposure: as soon as terms have been signed, your property will be marketed on our well-visited website, via social media, via Rightmove and via dedicated auction platforms. Our auction catalogue is then sent out to our impressive list of regular subscribers.

4. You are protected: Phillip Arnold Auctions is a member of all of the standard industry bodies as well as RICS, and abides by their strict codes of conduct for valuing, selling and management of client funds.

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Disclaimer - Property reference 3684. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Phillip Arnold Auctions, Phillip Arnold Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Phillip Arnold Auctions, Phillip Arnold Auctions on 020 3908 5062.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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