Situation & Description
This 2 bedroom leasehold mid-terrace house is located in between Breck Road and Newsham park which offers a good mixture of amenities and outdoor space to include; Post Office, Medical Centre, shops and schools are all within walking distance.
The property has a spacious main living/dining room, fitted kitchen with access to the back garden and upstairs, you will find 2 good sized bedrooms and a family bathroom.
The property is currently let at £450 per calendar month which equates to £5,400 per annum (with potential to increase to market rate) and the house is held on a long leasehold basis of 999 years from 1st January 1977 (thus having 954 years remaining).
The lot is to be sold by online auction on Wednesday 30th March at 4:20pm (bidding opens on Tuesday 29th March at 12pm)
All interested parties who wish to bid, please contact My Auction on 0207 101 4868
Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer (subject to a minimum fee of £2,400 inc.VAT).
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.