For Sale By Auction | 10:30, 16 June 2021 | Lot 60

8 Boar Lane, Castle Gate, Newark, Nottinghamshire, NG24 1AJ

Sold £63,500

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold. The property is held on a 999 year lease.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 16/06/2021

Auction Time

10:30

Auction Venue

Live Stream

Viewing Times:

Tue 8 Jun

10:00-10:30

Fri 11 Jun

10:00-10:30

A Vacant Ground & First Floor Two Bedroom Flat

The property comprises a ground and first floor two bedroom flat situated within a Grade II Listed building. The property requires a program of refurbishment.

Tenure

Leasehold. The property is held on a 999 year lease.

Location

The property is situated in the historic city centre of Newark, close to local shops and amenities. Newark Castle and Gardens are within easy reach. Transport links are provided by Newark Castle rail station.

Accommodation

Ground Floor Hallway Separate WC First Floor Reception Kitchen Two Bedrooms Bathroom

The LHA rates for a 2 bedroom property in this postcode is £111.62 per week. Thus potential income of £5,804.24 per annum (source: https://lha-direct.voa.gov.uk)

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.