3 bed maisonette for sale

How Wood, Park Street, St. Albans AL2

This spacious split level maisonette is offered for sale with an extended lease and vacant possession. The property has been partially refurbished and offers a good opportunity for an investor, or owner occupier looking for a home with scope to add their own finishing touches.

The accommodation comprises an entrance hall, kitchen, spacious living room, three bedrooms and a bathroom. The property offers well proportioned accommodation and could suit a range of buyers.

Located less than two miles from St Albans city centre, the property is well placed for access to the city’s wide range of shops, restaurants, leisure facilities and other amenities. There is also a convenient local shopping parade nearby, providing easy access to everyday essentials.

An appealing auction opportunity in a popular Hertfordshire location, with further potential for both investors and owner-occupiers.

Auction

To be sold by online auction (unconditional) on Thursday 29th October with a 6 week completion, bidding will open at 10.00.

To View

Viewings will be conducted prior to the auction, please visit our website to book an appointment at

Registration

All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure

Leasehold with vacant possession. Leasehold with tenant in situ?

Lease

189 years from 24th June 1983- 145 years remaining.

Ground Rent And Service Charge

Please see legal pack for further details.

EPC Rating

D

Council Tax Band

C - St Albans

Legal Pack

For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.

Guide Prices

Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Additional Fees

A buyers charge of £1,650 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Deposit

If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.

Pre-Auction Offers

These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

Mortgage Finance

We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.