Lot 28 Two-bedroom City Centre FlatAuction Date:
14th December 2022
5 Navigation Yard, Chelmsford, CM2 6HZ
Currently let at £11,340 per annum
This two-bedroom second floor flat is situated in the popular residential area of Chelmsford City Centre and is ideally located for high street shopping, amenities, bars and restaurants.
Nearby are schools, recreational facilities and transportation links including good bus routes and Chelmsford railway station which offers a regular service into London (Liverpool Street) in approximately 35 minutes.
Ground Floor
Communal entrance with stairs to all floors.
Second Floor
Private entrance, hallway, living room/kitchen area, two bedrooms and bathroom with W.C.
Outside
Residents parking space.
Tenancy
Although the tenant is due to vacate before the end of December (as notice has been served), they currently occupy the property under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £945 per calendar month.
Tenure
Remainder of a 125-year lease, from 1st January 2005, at a current ground rental of £400 per annum.
Council Tax Band B
Leasehold with Vacant Possession on Completion
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
