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No longer on the market

This property is no longer on the market

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3 bedroom detached house

Auction
Cash buyers only
Sold STC
Detached house
3 beds
1 bath
785
EPC rating: G
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandBasic 25Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • For sale by online auction
  • 6 weeks’ completion
  • Freehold investment
  • Site totals approx. 2.5 acres
  • Detached period building
  • Boat house & yard
  • River Thames access
  • Island
  • Cash buyers only

Video tours

On behalf of an Educational Establishment. A Freehold investment located on the River Thames with long term potential for a variety of uses, subject to obtaining the necessary planning permission. The site measures approximately 2.51 acres, (1.016 hectares) and includes a period detached building, (formally a public house) comprising vacant ground floor and first floor flat, (let on an AST) boathouse with yard, (let to a local rowing club) and an Island. Length of riverbank to Thames approx. 1,312 feet / 400 meters. The property can be accessed on foot, through the Wokingham Waterside Centre car park, via the Thames Path. Cash buyers only.

Rooms

Auction
To be sold by online auction (unconditional) on Thursday 27th March 2025 with a 6 WEEK COMPLETION, bidding will open at 10.00.

To view
The site can be viewed externally at any reasonable time from adjoining public footpath. Please take reasonable care to respect the privacy of residents within the local vicinity.

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. We will require a pre-authorisation hold on a personal debit card in order to allow you to place a Bid ("Security Authorisation"). The amount of the Security Authorisation will be twenty thousand pounds sterling (£20,000). The Security Authorisation for unsuccessful Bidders shall be released when the Auction has ended. This may take up to five working days from the end of the Auction to process, depending on your bank.

Tenancies
The Dreadnought. First floor: let on an Assured Shorthold Tenancy from 3rd July 2023 for £799 pcm / £9,588 pa. Ground Floor: vacant The boathouse and yard are let under licence to Thames Valley Park Rowing Club from 28th August 2024 for 3 years for £1,000 pa

Tenure
Freehold

EPC rating
G - Exemption documents registered on 21 July 2021

Council tax band
B - Wokingham

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 £1,500 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 bidders who require a mortgage to confirm with their Financial Advisor as to the suitability of securing finance against this property prior to bidding.

Please note
All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of Her Majesty's Stationery Office @ Crown copyright. All rights reserved, Licence no: 100020449.

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About this agent

First for Auctions - National
First for Auctions - National
23 Market Place Wokingham RG40 1AP
01344 527052
Full profileProperty listings
Buy or sell property quickly with our monthly online property auctions. The experienced team has over 20 years experience helping people to sell their property or land at auction. Online property auctions offer one of the fastest, transparent, and effective ways to sell your property. First for Auctions has a dedicated website for customers who may benefit from buying or selling property at auction to browse and bid on property lots, as well as read our specific auctions advice. With all of our auctions taking place online, we are able to offer these services across the country. Our experienced team are committed to providing the highest level of customer service. If you need any help with buying or selling property at auction now or in the future, just ask.
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