Lot 102 Two-bedroom Flat For InvestmentAuction Date:
12th June 2024
Flat 214, Churchill Place, Churchill Way, Basingstoke, Hampshire, RG21 7AA
Currently let at £13,800 per annum
Key Features
Formerly a Barclays bank office building, Planning Permission was granted in 2016 for conversion to form residential dwellings. The flat is situated on the second floor of the building overlooking the communal gardens and benefits from its own allocated parking space in a secure underground car park and concierge service. The property is let under the terms of an Assured Shorthold Tenancy and is conveniently located close to Festival Place shopping centre with all its amenities with access via a direct walkway between the building and shopping centre.
The main bus and railway stations are within walking distance and major road networks through Basingstoke are close by, offering excellent commuter links to other major cities.
Accommodation
Entrance hall, two bedrooms, bathroom, kitchen/living room, storage cupboard.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £1,150 per calendar month.
Tenure
Remainder of a 149-year lease, from 1st January 2019 at a current ground rent of £350 per annum.
Viewings
External only. Interested parties are requested not to contact the tenant direct.
Council Tax Band C
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
