To be sold via unconditional online Auction on Thursday 20th August 2020 at 6:30 pm
To view legal pack and to register to bid please visit our website
guide price: £65,000 Plus
This will be a live stream auction. Bidding will be available by either telephone, proxy or online bidding. If you wish to bid, please download the bidding form and return it by email or post with copies of your id and proof of address.
Tenanted 2 bedroom, second floor apartment, with balcony and storage. Current rent payable £5,700 p.a. Leasehold with approximately 97 years remaining. Ideal investment opportunity.
Lounge/ diner: 18 ft 1 in x 12 ft Kitchen: 8 ft 11 in x 8 ft 1 in Bedroom 1: 12 ft 1 in x 11 ft 8 in Bedroom 2: 12 ft 2 in x 10 ft Bathroom:
EPC Rating - D
Leasehold subject to tenancy. Term: 125 years from 8th June 1992 Ground rent: £10.00 p.a. Service charge: £863.58 p.a.
Assured Shorthold Tenancy Term: 6 months from 7th June 2019 Rent payable: £475.00 p.c.m.
Administration Fee: £1,200 (£1,000 plus VAT) Please see the legal pack for any further costs
The Auctioneers have not been unable to inspect the property.
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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.