Sold for £333,500

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By Order of a Major Housing Association

A 3 storey building arranged as 4 self contained flats (3 X 1 bedroom, 1 x studio) requiring refurbishment, vacant.

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Description/Location

The property is situated close to the town centre and French Weir Park, Taunton station 0.4 miles. We estimate rental values at £500 pm (studio) and £600 pm (1 beds) equivalent to £27,600 pa. The property could also be reconfigured to provide a large family house.

Tenure

Freehold

Local Authority

Somerset West and Taunton Council 01643 703704 https://www.somersetwestandtaunton.gov.uk/

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: 1019 sq ft - 1 x 1 bedroom flat, 1 x studio flat. First Floor: 573 sq ft - 1 x 1 bedroom flat. Second Floor: 543 sq ft - 1 x 1 bedroom flat. Outside: Front garden, rear garden.

Rent

ERV: £27,600 pa

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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.