4 bedroom block of apartments for sale

Being sold via Secure Sale online bidding.
Terms & Conditions apply. Starting Bid £115,000

Offered for a sale are 3 flats arranged over 3 floors and within a single freehold.

This substantial mid-terraced property provides 2000 sq ft of accommodation divided to create 2 x 2 bedroom units (flats 1 & 3) and a studio apartment (flat 2) on the 1st floor. The definition and layout is illustrated on the attached floorplan. The virtual tour and photographs have been produced in October -24 and provide an accurate representation of the condition of the property at this time.

Each unit is entirely self-contained and the building overall has the potential to achieve a fine rental yield.

Flat 1 is the only unit on the ground floor and provides a large lounge with a traditional angled bay. Off the hallway is a double bedroom, a bathroom with a full suite and a kitchen fitted with units and cupboards with space for a dining table. Through the kitchen, excellent storage is available in the utility area and a door from here opens to the rear courtyard. At the back of the property is the second double bedroom.

This flat has tenants in situ and is rented at £495pcm.

Flat 2 is unoccupied to enable viewings. It is to the first floor and provides a fine open plan lounge / bedroom space linking into a fitted white kitchen with an integrated electric oven & a halogen hob. The bathroom has a full suite and is off the hallway.

Flat 3 is also unoccupied and is a duplex design, accessed from the first-floor landing. The lounge is a big space looking to the back of the house and the kitchen is fitted, providing space for a dining table. A switchback staircase extends to the second floor and to 2 double bedrooms and a bathroom. The back bedroom has a Velux-style window and a huge bedroom across the full width of the house to the front has a Dorma window.

Each unit has a gas central heating boiler.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as The Auctioneer.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers- obligations and sellers- commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.