FOR SALE BY ONLINE AUCTION ON THURSDAY 28th May 2020! (Bidding opens 26th May 2020)
For more information, please contact a member of the auction team on 01427 616436
Description
FOR SALE BY ONLINE AUCTION ON THURSDAY 28th May 2020! (Bidding opens 26th May 2020)
For more information, please contact a member of the auction team on 01427 616436
Period Detached Residence Converted into 6 Apartments Arranged on the Ground and First Floor with Parking in a Popular Residential Area of Boston.
Current Passing Rent £19,755.96 per annum Gross
Estimated Rental Value £29,355.96 per annum Gross
Location
The market town of Boston has a population of over 68,000 residents, a twice weekly market, active port, large hospital, good range of retail and sports facilities.
Located approximately 115 miles to the north of London, 45 miles to the east of Nottingham and 35 miles to the west of King’s Lynn.
The town has good rail links to London King’s Cross via Grantham/Nottingham.
The property is located to the south of the town centre on Skirbeck Road with a return frontage to Rose Place.
Accommodation:
Studio Apartment 1:
Ground Floor Entrance from Rose Place.
Kitchen: 2.5m x 3.3m (8ft2 x 10ft10) Having a range of kitchen units, inset hob, space for domestic appliance.
Bedsitting Room: 5m x 4.2m (16ft5 x 13ft9) The bathroom having bath, WC, pedestal hand basin.
Studio Apartment 2:
Ground Floor (Unmeasured) Studio Apartment: Having bedsitting room, bathroom separate kitchen.
Studio Apartment 4:
Ground Floor Entrance
Entrance Hall
Kitchen: Having a modern range of units comprising 2 door high level cupboard with extractor fan over stainless steel sink with mixer taps and drainer, 3 door cupboard, space for domestic appliances.
Bedsitting Room: 4.6m x 2.7m ave (15ft1 x 8ft10)
Bathroom: Having pedestal hand basin, low level WC, bath with shower over.
A doorway to the rear gives access to Flats 3, 5 and 6
Studio Apartment 3:
Ground Floor:
Bedsitting Room: 3.9m x 3.4m (12ft10 x 11ft2)
Kitchen: 3.2m x 2.2m (10ft6 x 7ft3) Having a range of fully fitted units comprising 5 door high level cupboards, 5 door wood effect base units
Shower Room: Having shower, pedestal hand basin, WC.
First Floor:
Studio Apartment 5:
Hall
Bedsitting Room: 5m x 3.6m (16ft5 x 11ft10)
Family Bathroom: 3.3m x 2.5m (10ft10 x 8ft2) Having bath, low level WC, pedestal hand basin.
Kitchen: 3m x 2.8m (9ft10 x 9ft2) Having a fitted range of kitchen units comprising 4 door high level units with 6 door base cupboards, stainless steel sink, electric storage heater.
Studio Apartment 6:
Hall
Bedsitting Room: 4m x 3.5m (13ft1 x 11ft6)
Family Bathroom: Having sink, low level WC, bath
Kitchen: 4m x 1.8m ave (13ft1 x 5ft11) Having a range of fitted kitchen units comprising 2 door
high level cupboards over round edged work surfaces with inset sink, base units, space for domestic appliances.
Rear Hall leading to First Floor Room
Tenancy Shedule
Unit 1 – Studio – AST - £411.67pcm
Unit 2 – Studio – AST - £433.33pcm
Unit 3 - Studio - AST - £498pcm
Unit 4 – Studio - VACANT – Estimated RV £410
Unit 5 – Studio - AST - £303.33pcm
Unit 6 – Studio – VACANT – Estimated RV £390
Total Per Calendar Month £1,646.33
Total Estimated RV Per Calendar Month £2,446.33
Total Per Annum £19,755.96
Total Estimated RV Per Calendar Month £29,355.96
Outgoings
Each letting unit is individually assessed for Council Tax Band A and has individual supply of electricity with separate meters.
General Remarks
Possession:
Subject to existing tenancy agreements.
Viewing
Unfortunately no internal inspections will be possible due to the current pandemic.
Services
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town & Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
BUYERS PREMIUM
1.2% inc VAT of the purchase price, SUBJECT TO A MINIMUM of £1140 inc VAT, payable on exchange of contracts.
Additional Fees
Buyer's Premium: £1,140.00
Administration Charge: £1,200.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
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- Detached House
- Unconditional (Immediate Exchange)
Call the team on 01427 616436 for more information
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