Lot 1 - 10 Pows Court, High Street, Midsomer Norton, Radstock, Avon, BA3 2LE

  • Unconditional Online Auction Sale
  • Guide Price* : £97,500
  • First Floor Flat
  • Two Bedrooms
  • Investment Property - Let at £675pcm
  • High Street location

ON BEHALF OF LPA RECEIVERS: Two bedroom first floor flat Let at £675pcm

Description

A residential investment comprising a two bedroom first floor flat let on an AST at an annual equivalent income of £8,100. Access to the property is through a courtyard off the High Street.

Location

The property is located on Midsomer Norton High Street, surrounded by a range of amenities and public transport links.

Tenure

The property is held Leasehold for a term of 125 years from April 2012.

Accommodation

We have not carried out an internal inspection of the property and have assumed the accommodation to comprise the following:
Open Plan Lounge/Kitchen, Two Bedrooms and Bathroom/W.C

Outside

Courtyard.

Tenancies

The property is Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 5th April 2019.

EPC

Energy Performance Asset Rating - D

Council Tax Band

A

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2,500 (inc VAT) payable upon exchange of contracts.

Additional Information

1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.

2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.

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