Starting Bid: £300,000
STEP INSIDE
Heneage Road
EPC: D | Tenure: Freehold | Council Tax: A 6x 1 1
This former Old Vicarage, imposing detached residence has been superbly converted into six single bedroom apartments with parking. Each residence offers lounge, kitchen, bathroom and bedroom of a very generous proportion with high ceilings to boot.
The owners have maintained the property since it was converted to a very high standard with wiring, smoke alarms and heating systems done and conforming to all the legal requirements. All have modern bathrooms and kitchen and most have a neutral decor with carpets and fixtures and fittings is a state of good repair. There are communal gardens to the rear and space for a minimum of a car per apartment. This property presents a healthy return of investment with good quality tenants in place attracted by the quality of the property.
Please Note: The vendor informs us the property is producing circa 28k pa and all boilers except one have recently been changed however we do not hold any evidence to support this statement and would advise that a buyer obtain the necessary supporting documents via their conveyancing solicitor before proceeding to purchase.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £349 (Inc. VAT) for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a nonrefundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Key Facts For Buyers
Agents notes: All measurements are approximate and for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on The fixtures, fittings and appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. Internal photographs are reproduced for general information and it must not be inferred that any item shown is included with the property. For a free valuation, contact the numbers listed on the brochure.
