Town house for sale in Marlborough Street, Faringdon SN7

Summary
*To be sold via Auction* Based in Central Faringdon with easy access to Oxford and Swindon Allen & Harris offer for sale this Freehold block of flats that include; 4 self contained flats - 1 x 1 bedroom flat & 3 x studio flats - An Ideal investment - currently let at £23,250 pa.

Description
Auction at Grand Connaught Rooms, Great Queen Street 61-65, Covent Garden, London, WC2B 5DA & Online bidding via live stream.

Based in Central Faringdon with easy access to Oxford and Swindon Allen & Harris offer for sale this Freehold block of flats that include; 4 self contained flats - 1 x 1 bedroom flat & 3 x studio flats - An Ideal investment - currently let at £23,250 pa.

Description
This older style three storey freehold property is arranged as five self
contained apartments with the freehold including 1 x 1 bedroom and 3 x
studio apartments. The fifth apartment (ground floor) has been sold off on
a long lease with a ground rent of £30 pa (see lease details). The property is
offered in reasonable condition and part let, making it an ideal investment
purchase with various rental options.

Accommodation
Ground Floor Side: Communal Entrance Door to Communal Entrance
Hallway with Stairs to First Floor & Basement.
First Floor: Landing with Stair to Second Floor. Flat 1 - Entrance Hallway,
Living Room, Kitchen, Bedroom/WC, Bathroom. Flat 2 – Entrance Hallway,
Kitchen, Bathroom/WC, Studio Room.
Second Floor: Landing. Flat 3 - Entrance Hallway, Kitchen, Shower Room/
WC, Studio Room.
Flat 4 – Entrance Hallway, Kitchen, Bathroom/WC, Studio Room.
Basement: Store Room.

Tenure
Freehold (ground floor flat sold off on long lease – see lease details)

Lease Details
The ground floor flat has been sold off on a lease dated 6th February 1987
for a term of 999 years from 6th February 1987 with a ground rent of £30 pa.

Location
The property can be found in the heart of this quaint and historic market
town, making it ideally placed for town centre amenities and local attractions
together with travel network connections, with the nearby A420 providing
a direct route to Swindon and Oxford.

Tenancy Details
The flats are currently let on AST agreements at the following rents: Flat 1 -
£625 pcm, Flat 2 - £445 pcm, Flat 3 - £495 pcm & Flat 4 - £395 pcm. Copies
of the tenancy agreements will be included in the legal pack and buyers are
advised to satisfy all enquiries regarding the status of the tenancies prior
to bidding.

Epc
Flats 1 – D (38 sq m), Flat 2 – E (47 sq m), Flat 3 – D (28 sq m). Flat 4 - tbc

Council Tax Band
Flats 1 & 2 & 4 – B. Flat 3 - A

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.