1 bedroom property for sale
Key information
Features and description
- Three One Bedroom Apartments
- Potential to Generate £1800 pcm
- Great Road Access
- Amazing Location
- Two Apartments Currently Occupied
We are pleased to offer to auction this opportunity to buy a building converted into Three separate One Bedroom Apartments.
Please note we have not inspected this property.
Rooms
Location
The subject property is located along Cross Street. The area is provided with excellent services and facilities within to Queens Retail Park and student living area. The area is provided with a number of different access routes, linking the area to the A6 and A59 leading onto the M6.
Accommodation
Basement Apartment:
Currently Vacant, a One Bedroom basement apartment consisting of Living Room, Kitchen with a good range of wall and base units, Double Bedroom and Bathroom with white 3 piece suite and shower over bath. There is also access to a small rear yard from double doors in the living room and a single door in the kitchen.
Ground Floor Apartment:
Currently tenanted achieving £600 pcm, Open Plan Living Room and Modern Fitted Kitchen with integrated oven, hobs and extractor fan. One Double Bedroom and a Bathroom with white three piece suite and shower over bath.
First Floor Apartment:
Currently tenanted achieving £600 pcm, Separate Living Room and Kitchen, One Double Bedroom and Bathroom with white three piece suite and shower over bath.
Tenure
Leasehold. Title number LA113529.
Date : 6 September 1729
Term : 999 years (less 2 years) from 6.9.1729
Council Tax
Band A.
EPC
Both available upon request.
19a: rating C, 19b: rating D.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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