Sold

GUIDE PRICE £40,000 - £45,000

Flat 4

6 Market Street, Wem, Shrewsbury, Shropshire, SY4 5EA

Lot 9

Apartment - Flats / Apartments
A 1 bedroom, second floor flat (462 sq ft, source EPC) held on a long lease. Vacant

Description/Location

The flat forms part of a small, town centre block. It will benefit from cosmetic refurbishment, we estimate the current rental value is £525 pm / £6300 pa.

Tenure

Leasehold: 999 years from 29/09/1988 (964 years unexpired), ground rent £52 pa
Energy Rating: D
Council Tax: A

Viewing

Network Auctions - 020 7871 0420

Accommodation

Second Floor: Entrance hall, sitting room, kitchen, bedroom, bathroom.

Virtual Tour

Virtual Tour Flat 4, 6 Market 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.