FOR SALE BY ONLINE AUCTION - 6 WEEKS' COMPLETION - A vacant two bedroom ground floor apartment close to Windsor town centre, requiring modernisation. Suitable for owner occupation or investment, with an estimated monthly rent of £1,200 PCM and a gross yield of 8% PAX in good condition. A Section 42 notice will not be served on the freeholder.
Auction date
To be sold by online auction on Thursday 30th June 2022, bidding will open at 10.00.
To view
A virtual tour is available, or please call 01344 753 120 to book a viewing appointment at the following times: * Thursday 09 June at 12.30 * Tuesday 14 June at 12.30 * Thursday 16 June at 12.30 * Tuesday 21 June at 12.30 * Thursday 23 June at 12.30 * Tuesday 28 June at 12.30
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
* Close to town centre * Good access to Windsor, Eton and Slough * Mainline rail service to London Waterloo * Access via M4 Junction 5 to central London and Heathrow airport
Description
* Ground floor apartment * 2 bedrooms * Requiring modernisation * Good investment potential
Accommodation
Communal entrance, door to hallway, living room, kitchen, 2 bedrooms, bathroom and en suite
Outside
Communal gardens, allocated parking and garage
EPC rating
D
Tenure
Leasehold with vacant possession
Lease
100 years from 1 January 1988, 65 years remaining. A Section 42 notice will not be served on the freeholder.
Ground rent and service charge
Please see legal pack for further details.
Council tax band
D - Royal Borough of Windsor & Maidenhead
Please note
All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of Her Majesty’s Stationery Office @ Crown copyright. All rights reserved, Licence no: 100020449.
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.
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
