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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • Close proximity to the city centre
  • Ground floor maisonette
  • Modern method of auction
  • Great opportunity for investors
  • Potential for modernisation
  • No chain
  • Do you have A property to sell? Call us to discuss how we can get you moving!
  • Need A mortgage? We have exclusive rates and could save you money!

Listing view statistics

Last 30 days: 360 page views

Since listed: 1006 page views

Description

Summary
This ground floor maisonette presents an excellent opportunity for investors or first time buyers and is being offered for sale via the modern method of auction.

The auction commences on Monday 28th at 14.00 pm.

Description
This ground floor maisonette briefly comprises; entrance porch, lounge/diner, kitchen, bathroom and bedroom. The property offers excellent potential for investors or first time buyers looking for a modernisation project.

The property is for sale by Connells Online Property Auction powered by IAMSold Ltd.

Auctioneer's Comments
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, granting 56 days for completion and with an aim to exchange contracts 28 days from the date the buyer's solicitor is in receipt of the draft contracts. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down an non-refundable reservation fee of 4.2% to a minimum of £6000 including VAT which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

The buyer will be required to sign an 'Acknowledgement of Reservation' form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.

Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Connells Property Auction powered by iam Sold. Reservation Fee is in addition to the final negotiated selling price.

Area Description
Worcester City Centre is made up of a variety of large High Street brands, as well as lots of boutiques and independent retailers. Within the High Street there are many restaurants, pubs and wine bars. Just a stone's throw away from the south side of the City, is the sought after location of Diglis which has undergone major development in recent years and now has community of its own it benefits from having playing fields, gym, a hotel and pub.
Junction 7 of the M5 motorway is only a short drive away (approximately 3 miles) and the City also benefits from having two train stations at Foregate Street and Shrub Hill. These stations serve Birmingham and are also on a direct line to London Paddington.
Education within the City Centre comprises a variety of schools, including Stanley Road, St Georges rc, Cherry Orchard Primary School and Blessed Edward Secondary School to name a few. Worcester also boasts some well-regarded Private schools including Kings and Royal Grammar School as well as the University which is well known for its teaching and sporting degrees in addition to its research work.

Entrance Hall
Pendant ceiling light.

Door to living room.

Living Room/ Diner 12' 3" x 18' 1" max ( 3.73m x 5.51m max )
Front facing window, two ceiling lights, storage heater, store cupboard, telephone point, television point and wooden style flooring.

Door to kitchen and hallway.

Kitchen 14' 1" x 6' 10" ( 4.29m x 2.08m )
Rear facing window, fitted kitchen with a range of wall and base units, stainless steel sink/ drainer, electric oven, electric hob with cooker hood, space for fridge freezer, space and plumbing for washing machine, strip light and lino flooring.

Hallway
Pendant ceiling light and laminate flooring.

Doors to bedroom and bathroom.

Bedroom 16' 2" x 8' 8" ( 4.93m x 2.64m )
Rear facing window, pendant ceiling light, storage heater, store cupboard and wooden style flooring.

Bathroom
Part tiled suite, shower over bath, pedestal wash hand basin, WC, extractor fan.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

You could get

Fast broadband Fast broadband

Up to 25.9 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Worcester Shrub Hill 0.4 miles
  • Worcester Foregate Street 0.8 miles
  • Newbridge Short Stay Secondary School 0.3 miles
  • Stanley Road Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Worcester Shrub Hill 0.4 miles
  • Worcester Foregate Street 0.8 miles
  • Newbridge Short Stay Secondary School 0.3 miles
  • Stanley Road Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in WR5:

  • £171,685
  • Price decrease

  • -£1,889
  • (-1.088%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £152,931
  • Properties sold

    33

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in WR5 is currently:

£511 pcm

Recent sales nearby

See all recent sales in WR5
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Estimated running costs

Based on available 3rd party data

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The Agent

Price history

Sold prices provided by Land Registry
13th Nov 2019 £50,000 Price reduced by £5,000
30th Oct 2019 £55,000 Price reduced by £5,000
30th Sep 2019 £60,000 First listed
15th Aug 2014 £72,500 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Connells - Worcester. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Connells - Worcester for full details and further information.