Vendor: Executor
A 2 bedroom, ground floor apartment (645 sq ft, source EPC) with a private garden. The property will benefit from refurbishment. Development potential, vacant.
Description/Location
The property is situated in a popular residential area to the west of the town centre. The historic Georgian city of Bath is approximately 7 miles to the east. We estimate the rental value at circa £9,600 pa.
Tenure
Leasehold: 125 years from 15/01/1990. Ground rent £10 pa
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Accommodation
Rent
ERV: £800 pm
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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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