14 Berwick Road
Ref: Lot 19
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Unconditional (Buyer's Premium)
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Coton Manor, 14 Berwick Road, Shrewsbury, Shropshire, SY1 2LT
EXCELLENT INVESTMENT OPPORTUNITY FANTASTIC RENTAL YIELD - 15% (currently let at £500 pcm) GREAT LOCATION
EXCELLENT INVESTMENT OPPORTUNITY FANTASTIC RENTAL YIELD - 15% (currently let at £500 pcm) GREAT LOCATION
Description
For sale by online public auction
The central location, internal space and views enjoyed by this one bedroom upper floor apartment provides excellent potential for investment / cash buyers.
Accommodation includes:
Porch - 19'10x12'5
Wooden entrance door
Impressive Living Room - 19'10x12'5
A really good size room with 2 double glazed windows to the front, wood style laminate flooring, wall mounted electric heater, glass panel double doors.
Spacious Kitchen - 11'1x7'10
Fitted with units to 2 wall areas, laminated work tops, inset sink unit, tiled surround to most work areas, space for appliances, double glazed window with pleasant open aspect to the front, useful storage cupboard.
Double Bedroom - 15'1x9'8
A large double bedroom with double glazed window providing fine open aspect.
Modern Bathroom
Fitted with contemporary white 3 piece suite, including bath with electric shower unit over, fully tiled walls around, wash basin, WC.
Outside
Coton Manor is situated in well-maintained landscaped gardens. Residents' parking.
Situated close to the town centre & train station.
Rural walks on the doorstep
An excellent opportunity for a cash buyer to acquire a property with a tenant at a fantastic rental yield.
Tenure
Leasehold
Buyers Premium
* Plus 5% Buyers Premium + VAT
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Council Tax Band
A
Annual Ground Rent
£75 - reviewed every 25 years
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
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.
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- Bidding via committed offer is simple
- Bid for free - No bidders security deposit needed, just register for auction passport
- Online bidding process runs to advertised end date
- If you are highest bidder at the end of the bidding process one of the TCPA / Auctionline team will contact you to proceed with the sale under relevant legal process. A reservation fee and deposit may be required at this stage. please contact relevant team or refer to terms and conditions
- All interested bidders are assumed to have carried out due diligence and checks prior to bidding on the lot
- Buyers are advised to refer to individual terms and conditons, relevant legal pack and are not to rely on details or videos provided by the agent as statement of fact on the basis on proceeding with a sale
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