1 bed Flat For Sale £130,000
For sale by online auction - A vacant 1 bedroom first floor maisonette, located in Reading town centre close to Royal Berkshire Hospital and Reading University. Ideal letting investment at £850 pcm. A Section 42 notice for a lease extension will be served on the freeholder and assigned to the purchaser on completion.
Auction Date
To be sold by online auction on Friday 30th July 2021, bidding will open at 10.00AM.
To View
A virtual tour is available. Internal viewings will be conducted in accordance with the Government guidance on Social Distancing, ppe must be worn at all times. Please call to book an appointment at the following times: Thursday 8 July at 12.00 * Tuesday 13 July at 12.00 * Thursday 15 July at 12.00 * Tuesday 20 July at 12.00 * Thursday 22 July at 12.00 * Tuesday 27 July at 12.00
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
* Good access to Reading town centre * Close to Royal Berkshire Hospital and Reading University * M4 access at junction 11 * Rail service from Reading to London (Crossrail)
Description
* 1 bedroom * First floor maisonette * Good investment potential *
Accommodation
Entrance hall, living room, kitchen, bedroom, bathroom
Outside
Front garden
EPC Rating
E
Tenure
Leasehold with vacant possession
Lease
99 years from 25 March 1987 with 64 years remaining. A Section 42 notice for a lease extension will be served on the freeholder and assigned to the purchaser on completion.
Local Authority
Reading 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.
Auction Date
To be sold by online auction on Friday 30th July 2021, bidding will open at 10.00AM.
To View
A virtual tour is available. Internal viewings will be conducted in accordance with the Government guidance on Social Distancing, ppe must be worn at all times. Please call to book an appointment at the following times: Thursday 8 July at 12.00 * Tuesday 13 July at 12.00 * Thursday 15 July at 12.00 * Tuesday 20 July at 12.00 * Thursday 22 July at 12.00 * Tuesday 27 July at 12.00
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
* Good access to Reading town centre * Close to Royal Berkshire Hospital and Reading University * M4 access at junction 11 * Rail service from Reading to London (Crossrail)
Description
* 1 bedroom * First floor maisonette * Good investment potential *
Accommodation
Entrance hall, living room, kitchen, bedroom, bathroom
Outside
Front garden
EPC Rating
E
Tenure
Leasehold with vacant possession
Lease
99 years from 25 March 1987 with 64 years remaining. A Section 42 notice for a lease extension will be served on the freeholder and assigned to the purchaser on completion.
Local Authority
Reading 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.
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