FOR SALE BY ONLINE AUCTION – 6 WEEKS’ COMPLETION. Of interest to builders and developers. A vacant first floor maisonette in need of improvement, with front garden and garage. The property will be sold with the benefit of a new 99 year lease. Cash buyers only.
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 12.00 * Tuesday 14 June at 12.00 * Thursday 16 June at 12.00 * Tuesday 21 June at 12.00 * Thursday 23 June at 12.00 * Tuesday 28 June at 12.00 * Please note the property has been vandalised with offensive graffiti.
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
* Good access to Farnborough and Fleet town centres * Mainline rail service to London Waterloo from Farnborough and Fleet * Covenient access to Farnborough airport * M3 access at junction 4A
Description
* In need of extensive renovation * First floor maisonette * 2 Bedrooms * Cash buyers only * Sold with benefit of renewed lease.
Accommodation
Comprises:
Ground floor
Entrance hall, stairs to first floor.
First floor
Hallway, living room, kitchen, bathroom, 2 bedrooms, balcony area (currently unsafe).
Outside
Front garden, garage.
EPC rating
C
Tenure
Leasehold
Lease
Current lease for a term of 99 years from 25th March 1982. A new lease will be assigned on completion for a term of 99 years. Please see legal pack for further details.
Ground rent and service charge
Please see legal pack for further details.
Council tax band
B - Rushmoor Borough Council
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.
B
* 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
