Property description

Lot 19
For sale by online auction

Thursday 14th July
guide price £110,000+

Ground floor studio apartment situated close to the town centre and in need of modernisation. Potential rental income of about £9,300 per annum.

Situation & Description

Ground floor studio apartment situated close to the town centre and in need of modernisation. Potential rental income of about £9,000 per annum.

Forming part of this beautiful crescent converted into apartments, located close to the city’s many shopping and leisure facilities yet ideally placed for access out of Bath. Just a short stroll north takes you into Royal Victoria Park and the Royal Crescent, whilst a similar distance in the opposite direction will be found the river, Sainsbury’s supermarket and the western riverside. Commuters are well catered for, being walking distance to Bath Spa station with Bristol Temple meads 20 Minutes and London Paddington 90 minutes. Access to the motorway via Junction 18 of the M4 is about 20 minutes drive.

Accommodation comprises an entrance hall, open plan living/kitchen/bedroom and a bathroom. Entry phone, electric heating and sash windows.

The Grade II* Listed property will have a new 125 year lease which prevents the use as a holiday let or Airbnb.

Lease: 125 years (to be created)
Management Company: Curo Housing Association
Service Charge £691.40 per annum
Sinking Fund £1,412 per annum

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Exit Monmouth Place onto Nile street. Carry onto Norfolk Crescent and the property can be found halfway down the crescent on the left.

Viewings

To arrange a viewing, contact: Auction office on There will be numerous pre-arranged open house viewing slots lasting for 30 minutes and you can book in by contacting the Auctioneers.

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 14th July 2022

Lot 19

Guide Price £110,000+

1 Bedroom Studio Flat

Close to the Town Centre