Withdrawn | Lot 38

88 Midland Road, Wellingborough, Northamptonshire, NN8 1NB

Withdrawn

  • Block of Apartments
  • 4 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 12/02/2019

Auction Time

12:00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

Viewing Times:

Thu 31 Jan

16:00-17:00

Sat 2 Feb

13:00-13:45

Thu 7 Feb

17:00-17:30

Sat 9 Feb

13:00-14:00

A Mid Terrace Building Arranged as Four Self-Contained Two Bedoom Flats. Offered with Vacant Possession.

The property comprises a mid terrace building arranged over lower ground, ground and two upper floors currently arranged as four x two bedroom flats.

Tenure

Freehold

Location

The property is situated on a predominantly residential road close to local shops and amenities. The green open spaces of both Swanspool Gardens and Croylands Gardens are within easy reach. Transport links are provided by Wellingborough rail station.

Exterior

The property benefits from access to a rear car park

The current owners rented the flats out to the local authority with a Net Operating Income for Nov 2017-Nov 2018 of £63,894

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 charge of £1,000.00 plus VAT (£1,200.00 including VAT at 20%) on each lot purchased (unless stated otherwise in the property description. It is strongly recommended all purchasers check the special conditions of sale as other fees may also apply to individual properties. Unconditional online auction Note – This property is being sold by unconditional online auction. Please register your interest at https://auctionhouselondon.co.uk/online-auction/ The unconditional online auctions work on the same basis as traditional auctions. If you are the highest bidder at an unconditional auction and the reserve price has been met; you will exchange contracts with the seller and enter into a legally binding contract, which sees the buyer pay a deposit immediately. The minimum deposit is usually 10% of the purchase price (with a minimum of £5,000 or the purchase price if lower), this is in addition to the buyer’s fee. The deposit due might be altered by the special conditions of sale and you should read the legal pack carefully before bidding as you will be bound by the payment terms in the special conditions. The sale is absolute and the deposit and buyer’s fees are non-refundable.

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