A spacious, 3 bedroom maisonette (739 sq ft) with balcony is arranged across the first and second floors of a purpose built block. The interior requires modernisation. Development potential, vacant.

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Description/Location

Situated to the west of the city centre close to Devonport Park. We estimate the current rental value is £850 - £900+ pm. We are advised the building is Laing (steel frame / concrete section) construction. An external, lock-up store is included in the sale.

Tenure

Leasehold: Expires 05/03/2114 (90 years unexpired)

Viewing

Network Auctions - 020 7871 0420

Accommodation

First Floor: Entrance hall with stairs, sitting room, kitchen, storage. Second Floor: Landing, 3 bedrooms, bathroom, separate wc. Outside: An external lock up store is demised to the property. Communal gardens.

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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.