Vendor: Executor

A spacious and well presented, 2 bedroom first and second floor flat (830 sq ft). Close to the town centre, vacant.

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Description/Location

The flat provides generous accommodation and contemporary kitchen and bathroom fittings. It benefits from a private entrance and a long lease (balance of 999 year term). The Causeway is one of the oldest parts of the historic town of Chippenham. The town centre is nearby, Chippenham Station 0.5 miles. We estimate the current rental value is £850 - £900 pm.

Tenure

Leasehold: Balance of a 999-year term. Ground rent peppercorn.

Accommodation

First Floor: Private front door to entrance hall with stairs leading to the second floor. Large open plan living space, separate kitchen, inner hallway, 2 double bedrooms, bathroom and separate wc.

Rent

ERV: £10,200+ pa

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Virtual Tour Flat 7, 21 The Causeway

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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 £2,100 (inc. VAT) unless otherwise stated in the addendum (£600 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.