FOR SALE BY UNCONDITIONAL ONLINE AUCTION (Immediate Exchange) 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 UNCONDITIONAL ONLINE AUCTION (Immediate Exchange) ON THURSDAY 28th May 2020! (Bidding opens 26th May 2020)
For more information, please contact a member of the auction team on 01427 616436
Substantial Mid Terraced House Arranged to Provide Large Ground Floor Apartment, 2 First Floor Letting Rooms and Second Floor Ancillary Space.
Passing Gross Rent £8,580 per annum
Estimated Gross Rental Value £16,380 per annum
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 in the centre of the town, immediately to the north of the John Adams Dual Carriageway.
Accommodation
A communal door leads to a communal Hall and Stairway.
Ground Floor Apartment (Unmeasured)
Comprising Lounge, Kitchen, Bathroom, Storage Area, Separate Bedroom.
First Floor Landing
Letting Room No 1: 4.2m x 3.5m (13ft9 x 11ft6) Recently decorated, central heating radiator, sink.
Letting Room No 2: 3.5m x 3.9m (11ft6 x 12ft10) Rear, having sink, fitted cupboard.
Bathroom: Having a modern suite comprising bath with shower over, tiled, pedestal hand basin, low level WC, airing cupboard.
Kitchen: 2.4m x 2.2m (7ft10 x 7ft3) Having a modern range of white kitchen units with stainless steel sink, 4 door high level cupboards, round edged work surface with low level cupboards and drawers.
Staircase leads to the Second Floor:
This measures 3.6m x 4.1m and 3.1m x 5.1m approximately: Having central heating radiator, currently unused and ready for refurbishment.
Tenancy Schedule
Unit 1 – Apartment – AST - £715pcm
Unit 2 – Letting Room – VACANT – Estimated RV £325pcm
Unit 3 – Letting Room – VACANT – Estimated RV £325pcm
Total Per Calendar Month: £715
Total Estimated Value Per Calendar Month: £1365
Total Per Annum: £8580
Total Estimated Value Per Annum: £16380
Outgoings
19 Main Ridge and Flat at 19 Main Ridge are both rated Council Tax Band A. The property has 2 electric supplies, 1 for the ground floor and 1 for the remainder of the building. Heating is via a gas fired central heating boiler.
General Remarks
Possession
Subject to existing tenancy agreements.
Viewing
Unfortunately no internal viewings are possible at this time 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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- Terraced House
- Unconditional (Immediate Exchange)
Call the team on 01427 616436 for more information
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