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1 bed Flat For Sale £130,000
Tory Place, Bradford-On-Avon BA15


Description
Lot 21
For sale by online auction

Thursday 8th December
guide price £130,000+

1 Bedroom maisonette in a very popular elevated position with stunning views over the town. The Grade II listed property is in need of modernisation and would make an ideal rental investment.

Situation & Description

1 Bedroom maisonette in a very popular elevated position with stunning views over the town.

Bradford on Avon has a wide range of independent shops, restaurants and public houses as well as schooling and leisure facilities.

The Kennet & Avon Canal and the river Avon provide pleasant walks, boating and fishing. There are many historical buildings including the 14th century Tithe Barn. There is a railway station and the larger centres of Trowbridge, Melksham and the City of Bath are all within easy reach.

The Grade II listed property is in need of modernisation and would make an ideal rental investment. It would make a great Air BnB or rental investment especially being so close to the town centre.

The accommodation comprises an entrance hall with a large store room, living room, kitchen, bedroom and bathroom. It has electric heating and is accessible via short steps at the rear. We are advised there is a small garden area accessed via Tory.

In good order the flat could achieve a rental income in the region of about £8,400 per annum.

We are advised that the property is freehold. The freehold interest includes 24 Tory and the adjacent garden. 24 Tory is held on a lease of 215 years from 19th Sept 2019, title number wt 265677.

There is a Peppercorn ground rent payable to the freeholder and an obligation to contribute towards some repair costs and building insurance. Further information will be available in the legal pack.

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From Budbury Place take the footpath down and bear right. As you reach Tory Place, the flat is directly in front of you.

Viewings

To arrange a viewing, contact Auction Office on There will be numerous pre-arranged open house viewing slots lasting for 30 minutes and you can book in by contacting the Auctioneers.

If you have any concerns with viewings, 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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