A vacant period, long leasehold 2 bedroom second floor conversion apartment in good order, located in the centre of the popular market town. Ideal for letting investment with an estimated rent of £700 pcm, gross yield 10.5% pax.
Auction Date
To be sold by online auction on Friday 24th February 2023 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
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
* Town centre location * Mainline rail service to London Paddington * M5 access at junctions 10 and 11 * Good access to Worcester, Cheltenham & Stratford-Upon-Avon
Description
* Second floor apartment * 2 bedrooms * Good internal order * Cash buyers only
Accommodation
Comprises:
Ground Floor
Communal entrance, stairs to second floor.
Second Floor
Entrance hall, living room, kitchen, 2 bedrooms, bathroom.
EPC Rating
C
Tenure
Leasehold with vacant possession
Lease
900 years from 12th December 2003 - 880 years remaining.
Ground Rent And Service Charge
Please see legal pack for further details.
Council Tax Band
A – Wychavon District 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.