Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · PR2 8EX
For saleListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Presenting this excellent opportunity to acquire a chain-free retirement apartment through the Modern Method of Auction, proudly offered to the market by Dewhurst Homes.
Available on a 70% shared ownership basis, this well-maintained first-floor apartment forms part of the highly regarded Guardian Close retirement development in the heart of Fulwood, exclusively designed for residents aged 60 and over.
The apartment offers comfortable and well-proportioned accommodation, comprising a spacious lounge with pleasant views, a fitted kitchen, a generous double bedroom, and a three-piece shower room featuring a corner shower enclosure with electric shower.
The property also benefits from a useful loft storage area, providing additional practical storage rarely found in similar retirement apartments.
Ideally situated within easy reach of local amenities, the development enjoys excellent transport links to Preston city centre and beyond.
A range of everyday conveniences, including a post office, library, hairdressers, doctors surgeries, and dental practices, are all within walking distance, while supermarkets, leisure facilities, and additional shopping amenities are easily accessible via local transport routes.
The development offers residents a safe, secure, and welcoming environment with a strong sense of community.
A spacious communal lounge provides the perfect setting for socialising and organised resident activities, while the communal laundry facilities offer additional convenience.
The building is serviced by a lift to all floors, ensuring ease of access throughout.
We have been been advised the sinking fund contributions will be reflective of the full value of the property and not the sale value.
Residents can also enjoy beautifully maintained landscaped gardens and resident parking.
Regular social events and activities help foster a friendly community atmosphere, including coffee mornings, games evenings, organised outings, and film nights.
For additional peace of mind, the development benefits from a resident Development Manager and a 24-hour emergency call system, providing support and reassurance whenever required.
This is a fantastic opportunity for those seeking independent retirement living within a popular and well-established development. Early enquiries are highly recommended.
Leasehold Property Minimum Age Requirement: 60 Years Service Charge: 276 per calendar month For sale through Pattinson Auction under Conditional Terms.
Council Tax Band: A Tenure: Leasehold Length of Lease: 61 Annual Service Charge Amount: 3,312.00 Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
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 to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders 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.
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 or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this 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 fee which could be up to 7,200 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.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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Area
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FAQ
About Flat 25, Poole Road, Preston
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