Sold prior to auction, for an undisclosed amount

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A spacious 3 bedroom and bathroom off landing house (904 sq ft, source EPC) with gardens front and rear, the property will benefit from cosmetic refurbishment, currently let on an AST producing £12,600 pa.

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Description/Location

Situated in a sought after road, convenient for the town and tube / rail stations and close to Watford Boys Grammar School. The house provides double glazing and gas heating, it is habitable but will benefit from investment. There is a small rear extension which could be used as an office etc but there is good potential for further extension and for conversion of the loft space subject to the necessary consents. Let on an AST (in periodic status) producing £1050 pcm, we estimate the current market rent is between £1400 and £1500 pcm.

Tenure

Freehold

Local Authority

Watford Borough Council

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Ground Floor; Entrance hall, 2 reception rooms, kitchen, single story rear extension currently used for storage. First Floor: Landing, 3 bedrooms, bathroom. Outside: Gardens front and rear.

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*Guide Price & Reserves

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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.