For Sale By Auction | 11.00am, 25 September 2019 | Lot 5

52 King Edward Road, Abington, Northampton, Northamptonshire, NN1 5LU

*Guide | £200,000 - £225,000 (plus fees)

  • Town House
  • 6 Bedrooms
  • Tenure: Freehold

Call the team on 01604 259 773 for more information

Auction Date

Wed 25/09/2019

Auction Time

11.00am

Auction Venue

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

Viewing Times:

Sat 17 Aug

10.45 to 11.15am

Sat 24 Aug

10.45 to 11.15am

Sat 31 Aug

10.45 to 11.15am

Sat 7 Sep

10.45 to 11.15am

Sat 14 Sep

10.45 to 11.15am

Sat 21 Sep

10.45 to 11.15am

A substantial two storey townhouse used as bed and breakfast accommodation comprising six bedrooms each with wash basins and two with showers, a communal kitchen, downstairs WC and first floor communal bathroom with shower. Externally there is a south facing low maintenance courtyard garden with rear vehicular access. When fully occupied the property has the capacity to produce a gross income of £24,000 per annum which would net to approximately £20,000 per annum after costs. The property is offered with full vacant possession.

Tenure

Freehold

Accommodation

Ground Floor

Entrance hall, bedroom one, inner hall, bedroom two, communal kitchen, separate WC, bedroom three and cellar.

First Floor

Landing, bedroom four, bathroom, bedroom five and bedroom six.

Outside

Rear garden.

Established Use

The property has been run as a bed and breakfast for approximately 35 years with the provision of a continental breakfast two to three times a week and cleaning once a week with bed linen change once a week.

Energy Efficiency Rating (EPC)

Current Rating E

Services

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

Local Authority

Northampton Borough Council

Solicitors

DFA Law, 2 Waterside Way, Bedford Road, Northampton NN4 7XD, Ref: Alisia Hearson, Tel: 01604 609560

Additional Fees

Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT)

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