On behalf of the executor. A vacant fourth floor 1 bedroom apartment benefitting from an allocated parking space and a balcony with distant views. Conveniently located close to the train station. An ideal investment opportunity with an estimated rental value of £895 pcm generating a gross yield of 9.76% per annum.
Auction date
To be sold by online auction on Friday 28th July 2023 with a 6 WEEK COMPLETION, bidding will open at 10.00.
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
* Town centre location * Good access to all local amenities * Mainline rail service to London Waterloo * M3 access at junction 6
Description
* Modern apartment * 1 bedroom * Allocated parking space * Balcony * Ideal letting investment
Accommodation
Comprises:
Fourth floor
Entrance hall, living room/diner, bedroom, bathroom
Outside
Allocated parking space
Tenure
Leasehold with vacant possession
Lease
125 years from 1 March 2003 - 104 years remaining
Ground rent and service charge
Please see legal pack for further details
Please Note
If you require a mortgage, please consult your lender to confirm their policy regarding the Building Safety Act 2022 before bidding.
EPC rating
C
Council tax band
C - Basingstoke and Deane
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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