For Sale By Auction | 11.00am, 27 July 2016 | Lot 4

The Woodyard, 7 Wellington Street, Kettering, Northamptonshire, NN16 8SJ

Sold After

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold

Call the team on 01604 259 773 for more information

Auction Date

Wed 27/07/2016

Auction Time

11.00am

Auction Venue

Hilton Northampton Hotel, 100 Watering Lane, Collingtree, Northampton NN4 0XW

A very spacious purpose built first floor apartment located within easy walking distance of Kettering town centre

With spacious open plan interior, together with two double bedrooms and a bathroom, the property is currently let on an Assured Shorthold Tenancy with a rent passing of £475 per calendar month with significant potential for uplift on review. The property stands in a purpose built building with allocated off road parking space.

Tenure

Leasehold

Accommodation

Communal entrance, entrance hall, lounge/kitchen/diner, kitchen area, bathroom, bedroom one and bedroom two.

Parking

Parking is available for one vehicle.

Terms of the Lease

The property is offered on a lease where we are advised the unexpired term is150 years. We are advised that the current service charge and ground rent is £660 per annum.

Agent's Note

The property is let on an assured shorthold tenancy at a rent passing of £475 per calender month commencing 10th June 2013. The rent was last reviewed on 10th December 2013. Comparable rental value in close proximity suggest this property is underlet.

Buyer's Administration Charge

The Buyer's Administration Charge for this property is £750 plus VAT (£900).

Services

Main gas, drainage, water and electricity are connected. Heating is provided by gas radiator central heating. (None of these services has been tested).

Energy Efficiency Rating (EPC)

Current Rating B

Services

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

Local Authority

Kettering Borough Council

Solicitors

Rosling King LLP, 10 Old Bailey, London EC4M 7NG, Tel: 0207 246 8000

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 - Please see above details

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