A ground floor studio room located within the popular student accommodation of Canterbury Hall, conveniently positioned for access into Preston city centre as well as to the University of Preston.

We understand the studio room consists of a living/bedroom/kitchenette and shower room.

The five-storey development includes communal areas which consist of a roof terrace, lounge with a fitted kitchen, gym, launderette and cinema room.

The seller understands that the student room is let for 51 weeks until August 2026 producing £7,446 per annum. Interested buyers are advised to inspect the legal documents in this respect prior to placing their bid as this will be binding.

NOTE: Bidders will be required to pay a £5,000 deposit prior to auction before being authorised to bid. Payments will be returned to any unsuccessful bidders following the auction.

Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.