COVID-19 – Important Auction Information
For Sale By Auction | 2:30pm, 14 October 2021 | Lot 12

77 Spencer Road, Rushden, Northamptonshire, NN10 6AD

*Guide | £50,000+ (plus fees)

  • Terraced House
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 01234 362899 for more information

Auction Date

Thu 14/10/2021

Auction Time

2:30pm

Auction Venue

Venue 360 - 20 Gipsy Lane, Luton LU1 3JH

An investment opportunity to secure a two bedroom terraced house which is let on a protected (life) tenancy.

This two bedroom terraced property is on a popular road located between Washbrook Road and Higham Road with Spencer Park to the rear boundary. The property is well presented but requires extensive modernisation throughout.

Tenure

Freehold

Ground Floor Accommodation:

Porch, entrance hall, living/ dining room and a kitchen.

First Floor Accommodation:

Two bedrooms and a bathroom.

Outside:

Set back from the road by a small courtyard to front, garden to rear with outside W/C and workshop.

Tenancy:

The property has been let since 1968 under a protected tenancy under the Rent Acts, giving the current tenant security for life and currently generates £100pcm.

No Viewings:

Unfortunately due to the tenants circumstances we will not be able to hold viewings prior to the auction. We apologise for any inconvenience caused. There is a video tour of the property listed on our website and the property portals.

Energy Efficiency Rating (EPC)

Current Rating G

Services

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

Local Authority

North Northamptonshire Council - 0300 126 3000

Solicitors

Knights PLC, 10 Wellington Place, Leeds LS1 4AP, Ref: James Murtagh - james.murtagh@knightsplc.com, Tel: 0344 371 2562

Additional Fees

Buyer's Premium - There is no Buyer's Premium payable on this lot.

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 incl. VAT.

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