Lot 40 Vacant Maisonette For InvestmentAuction Date:
15th June 2023
205B Bergholt Road, Colchester, CO4 5AH
A one-bedroom first floor maisonette located in an established and popular location approximately half-a-mile to Colchester railway station (Greater Anglia services to London Liverpool Street) and within easy reach of the town centre amenities. The maisonette is offered with vacant possession and represents an opportunity for investors.
The property has double glazing, allocated parking and domestic electric storage heaters.
Accommodation
Open plan kitchen/dining/living room, bedroom and bathroom with W.C.
Tenure
Remainder of a 99-year lease from 29th September 1990.
Council Tax Band B
Auctioneer’s Note
We are advised by the Seller a new 199-year lease will be granted to the successful buyer on completion.
Further information will be available in the legal pack available to download from the Clive Emson website.
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
