Lot 6 - 154A Clifton Road, Wokingham, Berkshire, RG41 1NQ

  • Unconditional Online Auction Sale
  • Guide Price* : £120,000

Investment opportunity - First floor maisonette - 2 bedrooms


Description

FOR SALE BY ONLINE AUCTION - A vacant first floor 2 bedroom maisonette, conveniently located on the outskirts of Wokingham, providing a great opportunity for investment. Cash buyers only - lease approximately 64 years remaining.

Auction date
To be sold by online auction on Friday 24 September 2021, bidding will open at 10.00.

To view
Viewings will be conducted in accordance with the government guidance on social distancing. Please call 01344 753 120 to book an appointment at the following times: * Thursday 02 September at 13.00 * Tuesday 07 September at 13.00 * Thursday 09 September at 13.00 * Tuesday 14 September at 13.00 * Thursday 16 September at 13.00 * Tuesday 21 September at 13.00

Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Location
* Close to local shops and schools * Excellent access to town centre * Good access to Reading and Bracknell * Mainline train station to London, Waterloo * M4 access at junction 10 (A329M)

Description
* First floor maisonette * Ideal for letting investment * 2 bedrooms * Fitted kitchen * Parking nearby

Accommodation
Comprises:

EPC rating
E

Tenure
Leasehold with vacant possession

Lease
99 years from 25 December 1986 - 64 years remaining. Expected lease extension cost in the region of approximately £25,000.

Please Note
The joint owner is the spouse of an employee of the Leaders Romans Group.

Local authority
Wokingham Borough Council - 0118 974 6000

Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.

Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

* 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.

Bidding not yet open
Minimum Opening Bid

£110,000


Bidding Opens On
24th Sep 2021 10:00
Scheduled End Date

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Office Contact

Romans Auctions
01344 753120

Agreement Documents

Related Documents

Virtual Tour

154a Clifton Road Virtual Viewing

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