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42 & 44 East Street, Warminster, BA12 9BW

Lot no: 48 Sold at Auction for £289,000
 

Guide Price £180,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 29th October 2020

10.30am
Key Features
  • Block of 5 Apartments
  • In Need of Modernisation
  • Close to Local Amenities
  • Vacant Possession
  • EPC Rating: E,E,F,C,E
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Sold at Auction for £289,000

Block of Apartments

Property Description:

Five one bedroomed apartments, located on the Salisbury side of the popular Wiltshire market town of Warminster. The property is in need of updating and improvement.

Entrance Hall

Entrance door, doors to:

Bathroom

Side aspect Upvc window, panelled bath, low level w.c, wash hand basin.

Kitchen

Window to sitting room, range of kitchen units with laminate work surfaces and inset sink, door to outside, door to:

Sitting Room

Two side aspect windows, door to

Bedroom One

Front aspect window, door to entrance hall.

Ground Floor Apartment, 44 East Street
Entrance Hall

Entrance Hall

Sitting Room

Front aspect window, step and door to

Bathroom

Paneled bath, low level wc and was had basing

Kitchen

Rear aspect window, range of kitchen units with laminate work surfaces and inset sink, door to courtyard.

Entrance Hall
Sitting Room

Front aspect window door to

Bedroom

Front aspect window

Hallway
Bathroom

Side aspect window, paneled bath, low level wc, and wash had basin

Kitchen

Rear aspect window, range of kitchen units with laminate work surfaces and inset sink.

Second Floor Apartment, 44 East Street
Entrance Hall
Sitting Room

Front aspect window, exposed timbers.
Note: This room has a vaulted ceiling with restricted head space.

Hallway
Kitchen

Side aspect window, range of kitchen units with inset sink.

Bathroom

Side aspect window, panelled bath, low level w.c. and a wash hand basin.

Bedroom

Rear aspect window

First Floor Apartment, 42 East Street
Kitchen/Sitting Room

Entrance door, rear aspect window, range of kitchen units with laminate work surfaces and inset sink, door to:

Bedroom

Front aspect window

Bathroom

Front aspect window, panelled bath, low level w.c. and a wash hand basin.

Courtyard

Courtyard which further benefits from a storage shed and steps to the garden.

Garden

Good sized walled garden which is in need of some attention.

Tenure:

Freehold.


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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.