Maisonette for sale in Parsons Mead, Abingdon OX14

For investment. A two storey maisonette let on an Assured Shorthold Tenancy producing a total rent equivalent to £10,740 pa, generating a gross yield of 10.74% per annum, based on the guide price. Cash buyers only.

For details relating to ground rent and service charge, please refer to legal pack.

Auction

To be sold by online auction (unconditional) on Friday 27th September 2024 with a 6 week completion, bidding will open at 10.00.

To view

Viewings will be conducted prior to the auction, please visit our website to book an appointment at

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.

Tenure

Leasehold with vacant possession

Lease

99 years from 29 September 1984 - 59 years remaining

Tenancies

Let on AST until 28th October 2024 for £895pcm / £10,740 pa - then periodic

Ground rent

Please see legal pack for further details.

EPC rating

C

Council tax band

C - Vale of White Horse

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 £1,500 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.

Pre-auction offers

These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

EPC Rating: C

Parking - Off Street