Studio Flat For Sale £350,000
Lot 15
For sale by online auction
Thursday 14th October 2021
guide price £350,000+
Residential investment comprising 8 flats with an overall income of £61,880 per annum including utilities. Close to local amenities and within walking distance of the town centre and railway station.
Situation & Description
Residential investment comprising 8 flats with an overall income of £61,880 per annum including utilities.
The flats are a mix of studio apartments and 1 bedroom flats. Some are accessed at the rear with the majority accessed via the front, flat 8 has its own access and a basement room. Overall they are in fair condition with some updating required.
Each flat has its own boiler with shared electric and water services. To the rear is a private courtyard and a further shared area with access to the road.
Close to local amenities and within walking distance of the town centre and railway station. This substantial period property is within walking distance of the town centre. Trowbridge is the County town of Wiltshire and thus provides a wide range of amenities including various supermarkets and retail outlets, swimming pool and sports centres, library, doctors and dental surgeries, cinema complex with various bars and restaurants and a mainline railway station providing direct access to the cities of Bath, Bristol and London Waterloo. There are also numerous primary schools and three secondary schools.
The World Heritage City of Bath is about 12 miles away and provides an extensive range of amenities with excellent shopping facilities, The Theatre Royal, Thermae Bath Spa, a cinema, numerous restaurants, many schools and a mainline railway station providing direct access to London Paddington.
The M4 motorway is also within easy access with junctions 17 and 18 both about 17 miles away.
Viewings
To arrange a viewing, contact: Auction office on The viewing slots are in 45minutes/ 1 hour blocks split into 15 minute slots twice a week.
Whilst we are working towards a time where we can get back to full capacity, we will be prioritising proceedable buyers and tenants in the first instance.
Only 2 adults from the same household to attend, no children are permitted please.
Viewings will last a maximum of 15 minutes.
Do not enter the property until it has been completely opened up by the member of staff and they have given you permission. We ask Staff and customers to wear face coverings and gloves.
Where possible, all doors will be opened and lights switched on prior to the viewing.
Customers should avoid touching anything in the property and should inform the staff member if they do.
Staff and customers are to please adhere to the 2m social distancing rule and to respect each other's personal space and needs.
Door handles and surfaces will be wiped down after each appointment.
If you have any concerns with any of the guidelines above, please contact the relevant Strakers office and we would be happy to discuss them with you and hopefully put you at ease.
Legal Pack
You can download the legal packs via our website and going to the auction home page by using the services heading at the top of the page. Click on the light blue tab under the next auction date displayed on the calendar. This will produce a lot list, select a lot of interest, this pulls up further details on the property - on the right under the photos click View Legal Documents - You will need to sign-up by entering your email address and creating a password the first time but this will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available.
Reserve & Guide Price
Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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.
+ Fees
If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above.
Disclaimer
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
For sale by online auction
Thursday 14th October 2021
guide price £350,000+
Residential investment comprising 8 flats with an overall income of £61,880 per annum including utilities. Close to local amenities and within walking distance of the town centre and railway station.
Situation & Description
Residential investment comprising 8 flats with an overall income of £61,880 per annum including utilities.
The flats are a mix of studio apartments and 1 bedroom flats. Some are accessed at the rear with the majority accessed via the front, flat 8 has its own access and a basement room. Overall they are in fair condition with some updating required.
Each flat has its own boiler with shared electric and water services. To the rear is a private courtyard and a further shared area with access to the road.
Close to local amenities and within walking distance of the town centre and railway station. This substantial period property is within walking distance of the town centre. Trowbridge is the County town of Wiltshire and thus provides a wide range of amenities including various supermarkets and retail outlets, swimming pool and sports centres, library, doctors and dental surgeries, cinema complex with various bars and restaurants and a mainline railway station providing direct access to the cities of Bath, Bristol and London Waterloo. There are also numerous primary schools and three secondary schools.
The World Heritage City of Bath is about 12 miles away and provides an extensive range of amenities with excellent shopping facilities, The Theatre Royal, Thermae Bath Spa, a cinema, numerous restaurants, many schools and a mainline railway station providing direct access to London Paddington.
The M4 motorway is also within easy access with junctions 17 and 18 both about 17 miles away.
Viewings
To arrange a viewing, contact: Auction office on The viewing slots are in 45minutes/ 1 hour blocks split into 15 minute slots twice a week.
Whilst we are working towards a time where we can get back to full capacity, we will be prioritising proceedable buyers and tenants in the first instance.
Only 2 adults from the same household to attend, no children are permitted please.
Viewings will last a maximum of 15 minutes.
Do not enter the property until it has been completely opened up by the member of staff and they have given you permission. We ask Staff and customers to wear face coverings and gloves.
Where possible, all doors will be opened and lights switched on prior to the viewing.
Customers should avoid touching anything in the property and should inform the staff member if they do.
Staff and customers are to please adhere to the 2m social distancing rule and to respect each other's personal space and needs.
Door handles and surfaces will be wiped down after each appointment.
If you have any concerns with any of the guidelines above, please contact the relevant Strakers office and we would be happy to discuss them with you and hopefully put you at ease.
Legal Pack
You can download the legal packs via our website and going to the auction home page by using the services heading at the top of the page. Click on the light blue tab under the next auction date displayed on the calendar. This will produce a lot list, select a lot of interest, this pulls up further details on the property - on the right under the photos click View Legal Documents - You will need to sign-up by entering your email address and creating a password the first time but this will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available.
Reserve & Guide Price
Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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.
+ Fees
If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above.
Disclaimer
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
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