Sold for £258,000

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A spacious 3 bedroom house (914 sq ft, source EPC) with gardens, let on an AST producing £13,762.32 pa. The property will benefit from refurbishment, development potential for conversion flats or HMO subject to planning.

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Description/Location

The house is situated in a popular West Reading residential area. Let on an AST from December 2013 (periodic, no arrears) producing £1146.86 pcm. The property is in need of cosmetic improvement although the current owners installed a new kitchen and 2 bedroom windows in 2015. Additionally, it has a timber construction ‘lean-to’ which could be converted into utility or garden room.

Tenure

Freehold

Local Authority

Reading Borough Council

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Entrance hall, 2 reception rooms, lean to, kitchen, bathroom. First Floor: Landing, 3 bedrooms. Outside: Front and rear gardens.

Virtual Tour

Virtual Tour 23 Catherine Street

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.