FOR SALE BY AUCTION ONLINE AUCTION - 6 WEEK COMPLETION - A vacant end of terrace house on a large plot requiring modernisation, located in a popular residential area. The property was formerly 3 bedrooms and is currently configured as 2 self-contained, 1 bedroom flats. The property would be an ideal letting investment or could also be converted back to a family home, providing further potential for extension subject to planning permission.
Auction date
To be sold by online auction on Friday 26 November 2021, bidding will open at 10.00.
To view
A virtual viewing is available. Internal viewings will be conducted in accordance with the Government guidance on Social Distancing. Please call 01344 753 120 to book an appointment at the following times: * Thursday 04 November at 12.00 * Tuesday 09 November at 12.00 * Thursday 11 November at 12.00 * Tuesday 16 November at 12.00 * Thursday 18 November at 12.00 * Tuesday 23 November at 12.00
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Location
* Walking distance of local shops and schools * Close to Tilehurst train station * Rail service to London Waterloo * M4 access at junction 12
Description
* End of terrace house * Requires refurbishment * Large plot with potential for extension, STPP * Configured as two 1 bedroom flats
Accommodation
Comprises:
Ground floor flat (16B)
Self-contained flat comprising entrance hall, living room, kitchen, bedroom, bathroom, WC
First floor flat (16A)
Self-contained flat comprising entrance hall, living room, kitchen, bedroom, bathroom
Outside
Front and rear garden with off street parking
EPC rating
Ground floor flat - F, First floor flat - F
Tenure
Freehold with vacant possession
Local Authority
Reading Borough Council - 0118 937 3787
Mortgage finance
Please check with your mortgage lender regarding the ability to secure a residential mortgage on this property prior to bidding.
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.
3 Beds
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
Whether you’re looking to sell or let your property, we can provide you with a free, accurate valuation based on our expert knowledge and the latest trends in your local area.
Call 01344 753120
enquiries@firstforauctions.co.uk
