2 bed Flat For Sale £50,000
For Sale by Online Conditional Auction
An ideal opportunity to purchase this first-floor apartment with a long lease (965 years) located close to Evesham town centre and within walking distance to Evesham railway station. Ideal for a first-time buyer or buy-to-let investor. Depending on the finish, the property could Let at £550-£575 pcmx, giving a gross yield of 12%.
Approach
A large car park with one allocated and visitor parking leads to a communal entrance hall with an intercom and stairs leading to the first floor.
Hallway
Leading from the communal landing area, the entrance hall has a front door with an intercom to the communal front door, a large storage heater, an airing cupboard with a hot water tank over, and doors leading to all accommodation.
Open Plan Living Room/Kitchen
The living room area has large double-glazed windows which bathes the room in natural light with a storage heater decide. The kitchen area offers a range of wall and floor-mounted cabinets with space for a fridge, and freezer. Fan-assisted oven with four-ring electric hob and extractor fan over, stainless steel sink with drainer unit.
Bedroom One
A double bedroom to the corner of the property with dual aspect, double-glazed windows and a storage heater.
Bedroom Two
A single bedroom with double glazed window to side elevation and storage heater
Bathroom
Offering a paneled bath with electric shower over, WC, and sink
Auction Terms - The property will, unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor's Solicitor and are contained within the Auction Legal Pack. This pack is available to download to registered bidders. Please contact the Auction Department for details on how to register to bid. The purchaser shall be deemed to bid on those terms whether they have inspected the Conditions or not.
The sale of this property will take place on the stated date by way of an online conditional auction and is being sold with a Fixed Fee. If you are a successful buyer, you will enter a Reservation Contract with the Seller and agree to Exchange and Complete within 56 days. If you are planning to purchase with finance, please ensure you inspect and consider the property carefully with your lender before bidding. At the end of the auction, to reserve the property, the Buyer will pay a Reservation Fee.
Auction Fees:
The following deposits and non-refundable auctioneer's fees apply:
. Buyer's Reservation Fee of 3.6% of the purchase price including VAT, subject to a minimum of £4,500.00 plus VAT (£5,400 inc VAT).
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Guide Price & Reserve Price
The guide price offers an indication of the price below which the vendor is not willing to sell. It is not necessarily the exact final sale price and is subject to change prior to and up until the day of the auction. Any change in the guide price will reflect a change in the reserve (a figure below which the auctioneer will not be able to sell). The reserve can be expected to be set within the guide range or not more than 10% above a single-figure guide. (RICS Common Auction Conditions 4th Edition).
Auction Details - The auction start date is currently TBC. Please register your interest from the online auction portal: online.sheldonbosleyknight.co.uk/lot/details/91612
Seller's Solicitor - Company: Jephson Legal
Address: Estate House, 4 Euston Pl, Leamington Spa CV32 4LN
Contact: Natalie Sheerin
Tenure And Posession - We understand that the property is for sale Leasehold with 965 years unexpired on the Lease. There is an annual service charge of £926.70. This includes general upkeep and repairs of the common parts of the buildings and grounds. As a conditional auction, the buyer must complete their purchase within the Reservation Period of 56 days post-auction.
Services - Mains water, drainage, and electricity are connected to the property.
Directions - WhatThreeWords: ///lined.resources.snowboard
Bidder Registration And Legal Pack - Following your viewing, we are delighted to invite you to register with our Auction Passport service, please go to:
online.sheldonbosleyknight.co.uk/lot/details/91612
Once you have registered, you will be authorised to bid. You will also be able to download the Auction Legal Pack. If you register before the Auction Legal Pack has been completed by the sellers solicitor, you will be automatically notified once it has been uploaded.
The Auction Passport requires you to put the details of your solicitor. If you would like to use our own preferred solicitors, please select 'preferred solicitor', and we will generate a quote for you.
If this is the first time you have accessed Auction Passport, just press the green button on the left-hand side 'Click here to sign up for free' to create a new account. Following your initial registration, you will receive an SMS from LexisNexis, a company we use to verify ID and conduct an anti-money laundering check. Please click on the link within the SMS, and follow the instructions to complete the check.
Legal Documents & Additional Costs - It is essential bidders check the legal documents prior to bidding and take professional advice. Special conditions of sale can contain additional costs (that is costs over and above the price the lot is 'knocked down' at) and bidders are deemed to be aware of any additional costs prior to bidding.
Viewings - All viewings are by appointment only through the Auction Department
An ideal opportunity to purchase this first-floor apartment with a long lease (965 years) located close to Evesham town centre and within walking distance to Evesham railway station. Ideal for a first-time buyer or buy-to-let investor. Depending on the finish, the property could Let at £550-£575 pcmx, giving a gross yield of 12%.
Approach
A large car park with one allocated and visitor parking leads to a communal entrance hall with an intercom and stairs leading to the first floor.
Hallway
Leading from the communal landing area, the entrance hall has a front door with an intercom to the communal front door, a large storage heater, an airing cupboard with a hot water tank over, and doors leading to all accommodation.
Open Plan Living Room/Kitchen
The living room area has large double-glazed windows which bathes the room in natural light with a storage heater decide. The kitchen area offers a range of wall and floor-mounted cabinets with space for a fridge, and freezer. Fan-assisted oven with four-ring electric hob and extractor fan over, stainless steel sink with drainer unit.
Bedroom One
A double bedroom to the corner of the property with dual aspect, double-glazed windows and a storage heater.
Bedroom Two
A single bedroom with double glazed window to side elevation and storage heater
Bathroom
Offering a paneled bath with electric shower over, WC, and sink
Auction Terms - The property will, unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor's Solicitor and are contained within the Auction Legal Pack. This pack is available to download to registered bidders. Please contact the Auction Department for details on how to register to bid. The purchaser shall be deemed to bid on those terms whether they have inspected the Conditions or not.
The sale of this property will take place on the stated date by way of an online conditional auction and is being sold with a Fixed Fee. If you are a successful buyer, you will enter a Reservation Contract with the Seller and agree to Exchange and Complete within 56 days. If you are planning to purchase with finance, please ensure you inspect and consider the property carefully with your lender before bidding. At the end of the auction, to reserve the property, the Buyer will pay a Reservation Fee.
Auction Fees:
The following deposits and non-refundable auctioneer's fees apply:
. Buyer's Reservation Fee of 3.6% of the purchase price including VAT, subject to a minimum of £4,500.00 plus VAT (£5,400 inc VAT).
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Guide Price & Reserve Price
The guide price offers an indication of the price below which the vendor is not willing to sell. It is not necessarily the exact final sale price and is subject to change prior to and up until the day of the auction. Any change in the guide price will reflect a change in the reserve (a figure below which the auctioneer will not be able to sell). The reserve can be expected to be set within the guide range or not more than 10% above a single-figure guide. (RICS Common Auction Conditions 4th Edition).
Auction Details - The auction start date is currently TBC. Please register your interest from the online auction portal: online.sheldonbosleyknight.co.uk/lot/details/91612
Seller's Solicitor - Company: Jephson Legal
Address: Estate House, 4 Euston Pl, Leamington Spa CV32 4LN
Contact: Natalie Sheerin
Tenure And Posession - We understand that the property is for sale Leasehold with 965 years unexpired on the Lease. There is an annual service charge of £926.70. This includes general upkeep and repairs of the common parts of the buildings and grounds. As a conditional auction, the buyer must complete their purchase within the Reservation Period of 56 days post-auction.
Services - Mains water, drainage, and electricity are connected to the property.
Directions - WhatThreeWords: ///lined.resources.snowboard
Bidder Registration And Legal Pack - Following your viewing, we are delighted to invite you to register with our Auction Passport service, please go to:
online.sheldonbosleyknight.co.uk/lot/details/91612
Once you have registered, you will be authorised to bid. You will also be able to download the Auction Legal Pack. If you register before the Auction Legal Pack has been completed by the sellers solicitor, you will be automatically notified once it has been uploaded.
The Auction Passport requires you to put the details of your solicitor. If you would like to use our own preferred solicitors, please select 'preferred solicitor', and we will generate a quote for you.
If this is the first time you have accessed Auction Passport, just press the green button on the left-hand side 'Click here to sign up for free' to create a new account. Following your initial registration, you will receive an SMS from LexisNexis, a company we use to verify ID and conduct an anti-money laundering check. Please click on the link within the SMS, and follow the instructions to complete the check.
Legal Documents & Additional Costs - It is essential bidders check the legal documents prior to bidding and take professional advice. Special conditions of sale can contain additional costs (that is costs over and above the price the lot is 'knocked down' at) and bidders are deemed to be aware of any additional costs prior to bidding.
Viewings - All viewings are by appointment only through the Auction Department
