Postponed till our next auction on Thursday 9th February 2023

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A long leasehold, 1 bedroom ground floor flat requiring complete modernisation - vacant

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Description/Location

The property is within easy reach of Taunton town centre and Musgrove Park general hospital. We estimate the current rental value (post refurbishment) is in the region of £650 p.c.m. Taunton railway station approximately 1 mile. Residents permit parking available in the vicinity.

Tenure

Leasehold - 125 years from 01/06/1997

Local Authority

Taunton Deane Borough Council

Viewing

Please contact Gibbins Richards on 01823 332828.

Accommodation

Ground floor: Hallway, living room, kitchen/diner, bedroom, shower room

Rent

ERV: £7,800 per annum

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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.