Sold for £225,000

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A well presented, long leasehold 2 bedroom first floor apartment forming part of a modern block. Let on an AST producing rent of £14, 061 pa

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Description/Location

Byron Court is quietly situated in an established residential area with attractive communal gardens. The gardens are secure with key access for residents. Let on an AST for 6 months from 01/21, we are advised there are no rent arrears. We estimate the current market rent is £1300 pm / £15,600 pa.

Tenure

Leasehold: 999 years from 25/03/1989. Ground Rent £100 pa

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Accommodation

First Floor: Front door to entrance hall, sitting room, kitchen with space for dining table, 2 bedrooms, bathroom. Outside: Landscaped gardens, unreserved parking for residents and visitors.

Rent

Current Rent: £14,061 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.