For sale by auction on Thursday, 02 Apr 2020 at 14:00
Venue: National Online Auction National Online Auction,
Calling all rugby fans.... Situated moments away from the Kingsholm Stadium, home to Gloucester Rugby, is this first floor flat with off street parking. The property is in need of some general updating and offers opportunity for reconfiguring. Currently the 401 sq ft/37 sqm accommodation provides lounge with separate kitchen, a large cupboard with a window and plumbing for W.C. And a double bedroom with en-suite shower room off.
Key points • 1 bedroom first floor flat • Separate lounge and kitchen • Potential to reconfigure • Approximately 401 sq ft/ 37 sqm • Double glazed • Electric night storage heaters. • In need of updating • Off street parking • Short walk to city centre • Convenient access to Gloucester train and bus stations • Good rental potential, circa £525 pcm • potential for 10% gross annual yield based on the lower end of the guide price. • Ideal for first time buyers • Council Tax Band A
Viewings By appointment with Auction House
Search Pack Fee £360 inc VAT payable upon exchange of contracts.
For Sale by Online Auction On Thursday 2nd April 2020 at 2.00pm. Telephone and proxy bidding option available.
Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.
Legal Pack A full auction legal pack can be downloaded from once available. For further information on the other lots in this auction please visit the website.
Draft details only Awaiting client approval 5/03/20
EPC Rating: D
Viewings 14 Mar 2020 11:00-11:15 21 Mar 2020 11:00-11:15
Additional Fees Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.