COVID-19 – Important Auction Information
For Sale By Auction | 2:30pm, 14 October 2021 | Lot 18

92A Portland Road, Rushden, Northamptonshire, NN10 0DP

Sold £60,000

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold

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

Viewing Times:

Thu 30 Sep

10:00 - 10:45

Sat 2 Oct

10:00 - 10:45

Wed 6 Oct

10:00 - 10:45

A first floor, self contained, let flat in need of improvement that is in close proximity to the Town Centre and has an off road parking space to the rear.

Requiring improvement, this centrally located first floor flat on the corner of Portland Road and Kings Road offers well proportioned accommodation including a living room, separate kitchen, bathroom and a double bedroom. The allocated parking space is to the rear of the property, just off Kings Road. The flat is currently let to a long standing tenant, producing an income of £300 pcm.

Tenure

Leasehold

Accommodation:

Private entrance from Portland Road up to landing on first floor, living room, kitchen, bedroom and a bathroom.

Outside:

An allocated parking space accessed from Kings Road.

Lease:

99 years from 25th December 1987 (65 years remaining).

Auctioneers Note:

A section 42 notice to start the lease extension process will be served to the Freeholder between exchange and completion.

Income:

The property is currently let on an AST producing £3,600 per annum.

Service Charge:

No formal service charge currently levied, maintenance is on an ad hoc basis - please see lease for details.

Ground Rent and Building Insurance:

Ground Rent: £100 per annum Building Insurance: Approx £450 per annum.

Open House Viewings:

Thu 30 Sep: 10:00 - 10:45 Sat 2 Oct: 10:00 - 10:45 Wed 6 Oct: 10:00 - 10:45 These are open house viewings, you do not need to make an appointment you can just turn up between the above times. Although the legal requirement to wear a face covering has ended, the government expects and recommends that people continue to wear a face covering in crowded and enclosed spaces. So we’re encouraging our colleagues and you, our viewers, to continue wearing face coverings if you can.

Energy Efficiency Rating (EPC)

Current Rating D

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

Nexa Law, 5th Floor, 10 York Road, London SE1 7ND, Ref: Ruth Burrell - ruth.burrell@nexa.law, Tel: 03300 24 24 20

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.