LOT 10
FOR SALE BY ONLINE AUCTION
THURSDAY 1ST APRIL 2021
GUIDE PRICE £70,000+

1 Bedroom ground floor apartment currently let on AST and producing £500 per calendar month which equates to £6,000 per annum. Allocated parking space to the front.

Situation & Description - 1 Bedroom ground floor apartment currently let on AST and producing £500 per calendar month which equates to £6,000 per annum.

The property is situated in a residential area only a short distance from the town centre in an area with high rental demand. Swindon is a large and expanding town with a wide range of shopping, entertainment and leisure facilities. There is a mainline railway station and access to the M4 motorway.

There is a communal entrance with the flat immediately on the right. The accommodation comprises of entrance hall with storage cupboards, living room, kitchen, bedroom and bathroom. Allocated parking space to the front.

The apartment is leasehold with about 69 years remaining on the lease. Copies of this and any management charges will be available from the auctioneers.

As you enter Farriers Close, take the second left and the flats entrance is at the far end on the right.

Joint Agents with McFarlane Property[use Contact Agent Button]

Legal Pack - You can download the legal packs via our website and going to the auction home page by using the services heading at the top of the page. Click on the light blue tab under the next auction date displayed on the calendar. This will produce a lot list, select a lot of interest, this pulls up further details on the property - on the right under the photos click View Legal Documents - You will need to sign-up by entering your email address and creating a password the first time but this will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available.

Reserve & Guide Price - Generally speaking Guide Prices 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. Virtually every 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.

+ Fees - If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above.

Disclaimer - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.