Lot 110 - Vacant Studio Flat For Investment
53c London Road, Hertfordshire, CM21 9JH
Guide Price: *
£121,500
Fees apply
Buyer's fee:Check legal pack
All fees include VAT at 20%
Holding Deposit: *£5,000
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£121,500Bid history
1 bidE
21/03/2024 16:43:16 - £121,500
Estimated rental value £9,300 per annum
A well presented characterful studio with raised mezzanine level, situated in Sawbridgeworth town centre and a short distance from local shops, restaurants, cafés, pubs and other amenities.
Transportation links include Sawbridgeworth main line railway station to London (Liverpool Street) and Cambridge. There are further amenities of shopping and leisure facilities available in the surrounding towns of Bishops Stortford and Harlow.
The flat occupies a top floor position and features a vaulted ceiling, exposed brickwork, timbers and gas heating system via radiators.
Ground Floor
Communal entrance way with stairs to first floor.
First Floor
Private entrance door opening to reception hallway and stairs to second floor.
Second Floor
Landing, kitchen/dining room, bathroom with W.C, living/bedroom, stairs to mezzanine level with restricted head room.
Tenure
Remainder of a 999-year lease from 1st January 1998 at a current ground rental of £150 per annum.
Council Tax Band A
Auctioneers Note
The Joint Auctioneers feel that an estimated rental value would be in the region of £750 - £800 per calendar month.
Leasehold with Vacant Possession
Joint Auctioneer
Wright & Co Estate Agents, The Old Post Office, 4-6 Church Street, SAWBRIDGEWORTH, Hertfordshire, CM21 9AB, 01279 600901
Summary
- Lot number
- 110
- Auction end
- 21st Mar at 16:50
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 1
- Council tax band
- Ask Agent
Summary
- Lot number
- 110
- Auction end
- 21st Mar at 16:50
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 1
- Council tax band
- Ask Agent
This property is being sold by:
Clive Emson - Essex, North & East London
01245 205778
First Floor, 129 New London Road, Chelmsford, Essex, CM2 0QT
†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 Clive Emson Auctioneers 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 Clive Emson Auctioneers. 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.
