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Flats 1-6 Chapel House, Highley Methodist Church, High Street, Highley, WV16 6JW

Lot no: 24 Unsold
 

Guide Price in excess of £250,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 28th March 2018

10.30am
Key Features
  • A Freehold Residential Investment Block of Six Apartments
  • Current Gross Income: £13,800 pa.
  • Potential Gross Income: £29,400 pa.
  • BY INSTRUCTION OF THE LPA RECEIVER
  • EPC Rating: C.
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Unsold

Block of Apartments

Property Description:

A block of six duplex apartments (3 currently tenanted and 3 vacant), situated in a converted church, standing back from the road behind a foregarden.

Flat 1 - Ground Floor

Entrance Hall, Cloak Room, Reception Room, Fitted Kitchen with Built-in Oven and Hob.

First Floor

Landing, Two Bedrooms, Shower Room/WC.

Flat 2 - Ground Floor

Entrance Hall, Cloak Room, Reception Room, Fitted Kitchen with Built-in Oven and Hob.

First Floor

Landing, Two Bedrooms, Shower Room/WC.

Flat 3 - Ground Floor

Entrance Hall, Cloak Room, Reception Room, Fitted Kitchen with Built-in Oven and Hob.

First Floor

Landing, Bedroom, BathroomWC with Shower.

Flat 4 - Ground Floor

Entrance Hall, Reception Room with Store Room off, Kitchen with Built-in Oven and Hob.

First Floor

Landing, Two Bedrooms (one with En-Suite Shower Room/WC and one with En-Suite Bathroom/WC).

Flat 5 - Ground Floor

Entrance Hall, Reception Room with Store Room off, Kitchen with Built-in Oven and Hob.

First Floor

Landing, Two Bedrooms (one with En-Suite Shower Room/WC and one with En-Suite Bathroom/WC).

Flat 6 - Ground Floor

Hall, Open plan Reception Room/Kitchen with Built-in Oven and Hob.

First Floor

Landing, Bedroom, Bathroom/WC.

Outside

Communal Rear Garden.

The property benefits from having a gas fired central heating system.

Tenure

We understand that the property is Freehold and is being sold subject to the existing tenancies.

Tenancy Details
Viewings

Strictly by arrangement with the Auctioneers.

Tenure:

Freehold. Part let/part vacant.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.