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No longer on the market

This property is no longer on the market

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3 bedroom semi-detached house

Auction
Sold STC
Semi-detached house
3 beds
1 bath
947 sq ft / 88 sq m
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 940Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Freehold
  • For sale by online auction
  • 6 weeks’ completion
  • Cash investors only
  • Agricultural Occpancy Condition
  • Development potential STPP
  • Lifetime tenant

Video tours

Lifetime tenancy investment. A 3 bedroom semi-detached house with driveway parking. Current rent £1,165 PCM which commences 11th May 2025, gross yield of 8.22% PAX.

Potential building plot in the side garden of Lark Rise, subject to planning permission and agreement with the tenant.

Cash buyers only.

Rooms

Auction
To be sold by online auction on Friday 27th September 2024 with a 6 WEEK COMPLETION, bidding will open at 10.00.

To view
Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk

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.

Tenure
Freehold

Tenancy
Lifetime tenant paying a rental income of £1,165 PCM commencing 11th May 2025

EPC rating
D

Council tax band
E - Wokingham

Please note
This property is to be sold with a lifetime tenant in place and is also subject to an Agricultural Occupancy Condition (AOC). Please read the legal pack for full details.

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 £1,500 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.

Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

Please note
CGI images and development site plans are for advertisement purposes only. Any development is subject to planning permission and agreement with the current tenant.

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About this agent

First for Auctions - National
First for Auctions - National
23 Market Place Wokingham RG40 1AP
01344 527052
Full profileProperty listings
Buy or sell property quickly with our monthly online property auctions. The experienced team has
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