A modern and well presented, 2 bedroom "coach house" apartment (633 sq ft) with a garage. Vacant
Situated in North Colchester, General Hospital approx 1 mile, Train Station 1.5 miles. The property is ready for occupation with contemporary kitchen and bathroom fittings, double glazing and gas heating. We estimate the current rental value is £925 - £950 pm.
Leasehold: 150 years from 01/01/2003 (129 years unexpired).
Network Auctions - 020 7871 0420
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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 inc 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.