Withdrawn prior to auction

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2 bedroom first floor flat providing generous accommodation (785 sq ft, source EPC) forming part of a purpose built retirement development, let.

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Description/Location

The flat is let on an AST, currently producing £10,800, we estimate the market rate is £14,400 pa. The accommodation comprises 2 double bedrooms, a spacious sitting room, entrance hall with cloakroom and a bathroom.

Tenure

Leasehold: 125 years from 1995 (98 years unexpired)
Energy Rating: C

Local Authority

Hertfordshire County Council

Office Contact

Network Auctions - 020 7871 0420

Accommodation

First Floor: Front door to entrance hall with cloakroom / wc, sitting room, kitchen, 2 double bedrooms, bathroom. Outside: Attractive communal gardens and grounds, parking for residents and guests. Residents lounge and on-site warden.

Rent

Current Rent: £10,800 pa ERV: £14,400 pa

Virtual Tour

Virtual Tour 55 Acorn Court

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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.