Sold

GUIDE PRICE £52,000 - £55,000

ERV: £10,800+ pa

16 Pegasus Court

High Street, Billingshurst, West Sussex, RH14 9EW

Lot 30

Apartment - Flats / Apartments
A 1 bedroom, first floor apartment (508 sq ft) forming part of a modern, purpose built retirement block. Vacant.

Description/Location

Pegasus Court is situated in the village centre with a good range of amenities including a supermarket, library, post office, doctors surgery and bus services etc. The mainline station providing a fast and frequent train service into London (Victoria/London Bridge about 65 minutes) is situated in Station Road. Leisure and sporting facilities include tennis and bowls clubs. The apartment is well presented and ready for occupation, we estimate the current rental value is £900+ pm. Occupants must be aged 55 years +.

Tenure

Leasehold: 125 years from 01/01/2003 (103 years unexpired). Service charge £4328 pa, ground rent £349 pa.
Energy Rating: B
Council Tax: C

Viewing

Network Auctions - 020 7871 0420

Accommodation

First Floor: Entrance hall, sitting room, kitchen, bedroom, bathroom.

Rent

ERV: £10,800+ 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.