Sold prior to auction, for an undisclosed amount
A well presented 1 bedroom ground floor flat, let on an AST producing £6600 pa.
Addendum:
Lease term: 125 years from 01/01/1991
Description/Location
The property is ideally situated close to Leagrave Station. Let on an AST at £550 pm, there is potential to increase the rent in line with market rates.
Tenure
Leasehold: 94 years unexpired.
Energy Rating: D
Joint Agent
Please contact Venture Residential on 01582 249155
Local Authority
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Network Auctions - 020 7871 0420
Accommodation
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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.
Property Information
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