Lot 54 Leasehold Flat For InvestmentAuction Date:
5th May 2022
Flat 5, 21/23 Green Lane, Redruth, Cornwall, TR15 1JZ
Currently let at £5,040 per annum
A one bedroom attic flat situated in this attractive end-terrace building, located a short walk from Redruth town centre with its range of shopping and other amenities.
It is considered there may be potential to extend the flat further into the existing roof space in order to enhance the current accommodation, subject to all necessary consents being obtainable.
Auctioneer's Note 1
Flat 6 within the building is also to be offered for sale and is Lot 82 in the catalogue.
Ground Floor
Communal entrance.
Second Floor
Flat 5
Kitchen/living space, bedroom and shower room with W.C.
Auctioneer's Note 2
At the time of publication the Auctioneers have been unable to internally inspect the property. Interested applicants should rely on their own investigations to verify the information provided.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £420 per month.
Local Planning Authority
Cornwall Council. Tel: 0300 1234 151. Website: cornwall.gov.uk.
Council Tax Band A
Tenure
To be offered with a new 125-year lease. A draft copy of the lease will be available for inspection within the legal pack.
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
