INVESTMENT PROPERTY
203 Frimley Road, Surrey, GU15 2QD
- 4
Key features
Guide Price: *
£525,000
Fees apply
Buyer's fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Highest bid:
£525,000Bid history
1 bidE
14/06/2023 11:44:29 - £525,000
A fantastic opportunity to acquire this multi-faceted investment property that briefly comprises a fully let four bedroom detached residence, detached one bedroom annexe that is also let and further detached un-utilised five room building to the rear.
The property, which is situated in a popular residential and lettings location, will appeal to lettings landlords and investors alike whilst others will have any eye of the development/conversion potential, subject to all necessary consents being obtainable.
ACCOMMODATION
Main residence:
Ground floor: Porch/utility room, kitchen, double bedroom (former living room), cloakroom/WC.
First floor: Landing, double bedroom with en-suite shower/WC, two further double bedrooms, bathroom/WC.
203A (Annex): Detached building comprising open-plan kitchenette, double bedroom, and a separate shower room/WC.
203B (Empty building to rear): 5 rooms.
OUTSIDE
Gardens and grounds.
PARKING
Off street parking for multiple vehicles.
TENURE
Freehold with vacant possession.
TENANCIES
Total Rental Income Is £4170.00 pcm/£50,040per annum:
No.203
Ground floor front bedroom: Let on an assured short-hold tenancy agreement with current rents reserved at £635 per calendar month.
Ground floor rear bedroom: Let on an assured short-hold tenancy agreement with current rents reserved at £600 per calendar month.
First floor front bedroom with en-suite: Let on an assured short-hold tenancy agreement with current rents reserved at £800 per calendar month.
First floor rear double bedroom: Let on an assured short-hold tenancy agreement with current rents reserved at £635 per calendar month.
First floor small double bedroom: Let on an assured short-hold tenancy agreement with current rents reserved at £500 per calendar month.
No.203A
Let on an assured short-hold tenancy agreement with current rents reserved at £800 per calendar month.
EPC
Rating: D
LOCATION
The property is located in a sought after rental location, within a short drive or walking distance to Camberley, Frimley, and the Meadows shopping center, different leisure complexes, Camberley, Frimley, and Blackwater train stations, three local schools, two bus stops. There are many Blue Chip employers; including NHS Frimley Park Hospital, Waitrose, M & S, and Tesco. “203” is a short commuter drive to the M3, A30, and or a bus to Farnborough mainline train station for London Waterloo.
AUCTIONEER'S NOTE
Furnishings:
“203” and “203 A” are sold with all of the “Landlords”, white goods, kitchen equipment, and soft furnishings, as used by the tenants. For clarity, any bedding belongs to the tenants. White goods include: dishwasher (2022), gas range hob, grill and oven (2022), 10 kg washing machine (2021), white fridge freezer (2021), and grey fridge freezer (2022). Please refer to the auction legal pack.
Summary
- Auction end
- 14th Jun at 14:00
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 5+
- Bathrooms
- 2
- Council tax band
- Ask Agent
Summary
- Auction end
- 14th Jun at 14:00
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 5+
- Bathrooms
- 2
- Council tax band
- Ask Agent
This property is being sold by:
247 Property Auctions
01395247000
info@247propertyauctions.co.uk
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and 247 Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by 247 Property Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
