Vendor: Housing Association

A 1 bedroom, second floor, conversion flat that will benefit from refurbishment. Development potential, vacant.

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Description/Location

Situated in an attractive Grade II listed building close to the town centre amenities. The flat will benefit from interior, cosmetic refurbishment. We estimate the current rental value is circa £600 pm.

Tenure

Leasehold: 99 years from 24/06/1990

Viewing

Network Auctions - 020 7871 0420

Rent

ERV: £7200 pa

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Legal documents

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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.