Lot 102 One-Bedroom 4th Floor City Centre ApartmentAuction Date:
22nd March 2023
42 Friars House, 6 Parkway, Chelmsford, Essex, CM2 0NF
Estimated rental £10,200 per annum
This 4th floor apartment in a converted building is situated in Chelmsford city centre and well place for access to bars, restaurants, nightlife, recreational facilities as well as High Street shopping and public parking facilities in George Street Car Park. In addition, there are transportation links including bus routes and mainline railway station from Chelmsford to London (Liverpool Street).
The apartment offers views across the rooftops of the city centre and is internally presented in good order. The apartment has a security entrance system, lift and stairs to all floors, double-glazed windows and electric heating system via radiators.
Auctioneer’s Note
It is estimated that the monthly rental income for this apartment would be in the region of £850 per calendar month, possibly more.
Tenure
Remainder of a 125-year lease from and including 1st January 2016 at a current ground rental of £250 per annum.
Ground Floor
Communal entrance way with stair and lift access to all levels.
Fourth Floor
Communal landing with private entrance door opening to reception hallway, open-plan living/kitchen area with domestic appliances, bedroom with built-in wardrobe and shower room.
Council Tax Band C
Leasehold with Vacant Possession
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
