Property description

Lot 09
For sale by online auction

Thursday 7th April
guide price £585,000+

Residential investment comprising 8 flats with an overall income of £57,720 per annum including utilities. Close to local amenities and within walking distance of the town centre and railway station.

Situation & Description

Residential investment comprising 8 flats with an overall income of £57,720 per annum. Close to local amenities and within walking distance of the town centre and railway station.

Close to local amenities and within walking distance of the town centre and railway station. This substantial period property is within walking distance of the town centre. Trowbridge is the County town of Wiltshire and thus provides a wide range of amenities including various supermarkets and retail outlets, swimming pool and sports centres, library, doctors and dental surgeries, cinema complex with various bars and restaurants and a mainline railway station providing direct access to the cities of Bath, Bristol and London Waterloo. There are also numerous primary schools and three secondary schools.

The World Heritage City of Bath is about 12 miles away and provides an extensive range of amenities with excellent shopping facilities, The Theatre Royal, Thermae Bath Spa, a cinema, numerous restaurants, many schools and a mainline railway station providing direct access to London Paddington.

The M4 motorway is also within easy access with junctions 17 and 18 both about 17 miles away.

The Grade II listed property comprises 8x1 bedroom flats of varying sizes accessed via the front, side and rear. There are many period features, however, the flats are in need of modernisation throughout.

There is a side passage leading to an enclosed courtyard with an outbuilding.

Viewings

To arrange a viewing, contact: Auction office on The viewing slots are in 45minutes/ 1 hour blocks split into 15 minute slots twice a week.

Whilst we are working towards a time where we can get back to full capacity, we will be prioritising proceedable buyers and tenants in the first instance.

Viewings will last a maximum of 15 minutes.

If you have any concerns with viewings, please contact the relevant Strakers office and we would be happy to discuss them with you and hopefully put you at ease.

Legal Pack

You can download the legal packs via our website and going to the auction home page by using the services heading at the top of the page. Click on the light blue tab under the next auction date displayed on the calendar. This will produce a lot list, select a lot of interest, this pulls up further details on the property - on the right under the photos click View Legal Documents - You will need to sign-up by entering your email address and creating a password the first time but this will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available.

Reserve & Guide Price

Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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.

+ Fees

If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
Amenities

For Sale By Online Auction

Thursday 7th April 2022

Lot 09

Guide Price £585,000+

Residential Investment

8 Flats