Sold for £66,500

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By Order of the Executor

A well presented 1 bedroom flat (516 sq ft, source EPC) forming part of a modern, purpose built retirement development, vacant.

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Description/Location

The flat enjoys an attractive outlook over Cintra Park and benefits from contemporary kitchen and bathroom fixtures. For residents aged 60+ with a range of communal facilities and an on site warden, attractive grounds and parking for residents and guests. We estimate the current rental value is £800 pcm.

Tenure

Leasehold: 125 years from 01/11/2006 (109 years unexpired).
Energy Rating: B

Local Authority

Reading Borough Council

Viewing

Network Auctions - 020 7871 0420

Accommodation

First Floor: Front door to entrance hall, spacious sitting room with Juliette balcony, contemporary kitchen with integrated appliances, double bedroom, bathroom. Outside: Landscaped communal grounds, parking for residents and guests.

Rent

ERV: £9600 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.