A vacant 2 double bedroom spacious and well-presented apartment in the popular gated Castle Quay development, located on the fourth floor with lift access and allocated parking. Ideal letting investment in the town centre and close to Bedford train station with an estimated rent of £900 PCM - £950 PCM, gross yield 8.0% - 8.44% PAX.
Auction date
To be sold by online auction on Friday 16th December 2022 with a 6 WEEK COMPLETION, bidding will open at 10.00.
To view
Viewings will be conducted prior to the auction, please call Leaders Bedford (Sales) on 01234 320082 to book an appointment
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
* Town centre location * Thameslink rail service to London St Pancras (Intl) and Luton Airport Parkway * M1 and A1(M) access
Description
* Modern apartment * 2 bedrooms * Ideal letting investment
Accommodation
Lift access to fourth floor, entrance hall, open plan living room and kitchen, 2 bedrooms, bathroom and en suite
Outside
Secure gated parking with one allocated space
EPC rating
B
Tenure
Leasehold with vacant possession
Lease
125 years less 3 days from 16 March 2007 - 109 years remaining.
Ground rent and service charge
Ground rent £200 PAX, service charge £2,200 PAX. Please see legal pack for further details.
Council tax band
C – Bedford 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.
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.
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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
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