Ground & First Floor Flats 'Ingleside', 21 Orchard Way, Stratford-upon-Avon, CV37 9QE

Part let semi detached property, converted into 2 flats in Stratford-upon-Avon

Guide price*

£150,000+

Plus fees

Sold for £270,000

Lot 107 Residential Investment Residential Vacant
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Auction details:

Wednesday 13th March 2019 @ 10:30AM

A Freehold Part Vacant/Part Let Semi Detached Property Current Gross Income: £7,200 pa Potential Gross Income: £14,400 pa

Property Description

A semi detached property which stands back from the road behind a foregarden which has been converted into two self contained flats.

Accommodation

Ground Floor Flat: Hall, Reception Room, Kitchen, Lean-to with Utility, Store and WC, Bedroom, Bathroom.
Entrance to First Floor Flat with Staircase off:
First Floor Flat: Landing, Reception Room, Kitchen, Bedroom, Bathroom/WC.
Outside: Gardens.

Both flats benefit from having separate gas fired central heating systems and the property has partial UPVC double glazing.

Energy Performance Rating

E

Tenure

Freehold – Subject to the existing tenancy to the ground floor and the first floor flat with vacant possession.

Tenancy Details

The ground floor flat is let on an Assured Shorthold Tenancy at a rental figure of £600 per calendar month exclusive - £7,200 per annum.

Viewings

See viewing schedule (First Floor Flat Only).
DISCLAIMER

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

LIVE-STREAMED AUCTION

Please note that the Auction will be livestreamed via our website.  You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

COSTS AT AUCTION

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The sale of each lot is subject to an administration fee of £2,160 inc VAT (£1,800.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

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