Unsold

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By Order of a Housing Association

A freehold building arranged as 2 x 2 bedroom flats, the property will benefit from refurbishment and provides potential for further development subject to planning, vacant.

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Description/Location

Ideally situated close to the city centre and university campus the property will be of interest to investors and developers, we estimate the current rental value is in the region of £750 pcm per flat.

Tenure

Freehold

Local Authority

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Living room, 2 bedrooms, bathroom, kitchen. First Floor: Living room, 2 bedrooms, kitchen, bathroom. Outside: Gardens front and rear.

Rent

ERV: £18,000 PA

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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.