Lot 75

ONE-BEDROOM FOURTH FLOOR CITY CENTER APARTMENT

Flat 42, Friars House, 6 Parkway, Chelmsford, Essex, CM2 0NF
Flat 42, Friars House, 6 Parkway, Chelmsford, Essex, CM2 0NF
Guide Price £140,000+ * + Fees

Estimated rental value £9,000 per annum

Viewing by arrangement with Clive Emson Auctioneers

This fourth floor modern apartment, situated in Chelmsford city centre, is well placed for access to bars, restaurants, nightlife and recreational facilities as well as High Street shopping, public parking facilities and transportation links, including bus routes and mainline railway station to London (Liverpool Street).

The apartment offers views across the rooftops of the city centre. Internally, it is presented in good order and has security entry-system, double glazed windows and an electric heating system via radiators.

Ground Floor

Communal entrance way with stair and lift access to all levels.

Fourth Floor

Communal landing, private entrance door leading to entrance reception hallway, open plan living room and modern fitted kitchen, bedroom with built in sliding wardrobe, shower room.

Auctioneer's Note

It is estimated that a monthly rental income for this apartment would be in the region of £750 per calendar month.

Tenure

Remainder of a 125-year lease, from 1st January 2016, at a current ground rental of £250 per annum.

Leasehold with Vacant Possession

Flat 42, Friars House, 6 Parkway, Chelmsford, Essex
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Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/