Lot 10 : Tenanted Freehold Terraced House

20 Takely End, Kingswood, Basildon, Essex , SS16 5AZ

Guide price*

£210,000

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Features

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Description

FOR SALE BY AUCTION ON THE 6TH DECEMBER 2018 AT SAXON HALL, AVIATION WAY, SOUTHEND ON SEA, ESSEX, SS2 6UN STARTING AT 3PM. A Freehold 3 bedroom mid terrace house being sold subject to an Assured Shorthold Tenancy producing £825 per calendar month. (we understand a Section 21 Notice has been served) and situated in a popular and convenient location not far from the Town Centre and Mainline Railway Station. The property requires general updating and redecoration.

ACCOMMODATION

 

Upvc entrance door leading to the entrance hall with stairs leading to the first floor. Doors to:
 
Lounge: 16'6'' x 11'4'' (5.02m x 3.45m) Bay window to the front. Feature fireplace.
 
Kitchen/diner: 14'5'' x 121' reducing to 7'2'' (4.39m x 3.68m reducing to 2.18m) Range of wall mounted and floor standing storage cabinets. Work surfaces. Sink unit. Window and patio doors to the rear.
 
First floor landing with access to loft space and doors leading to:
 
Bedroom 1: 11'10'' x 12'2'' reducing to 10'2'' (3.6m x 3.7m reducing to 3.09m) Window to the front.
 
Bedroom 2: 12'10'' x 8'10'' (3.91m x 2.69m) Window to the rear. Built in storage cupboard.
 
Bedroom 3: 8'7'' x 7'9'' (2.61m x 2.36m) Window to the front. Storage cupboard.
 
Bathroom/w.c: Suite comprising bath, wash basin and low level w.c. Wall tiling. Window to the rear.
 
EXTERIOR:
Rear garden: Approximately 40' (12.19m) Patio and lawn.
 
Front garden: Open plan front garden.

TENANCY:
The property is currently let on an Assured Shorthold Tenancy Agreement commencing 3/6/2017 for a period of 12 months at a rent of £825 per calendar month (£9,900 per annum).
 
AUCTIONEERS NOTE: We understand the vendor that a Section 21 Notice has been served.

 
Hair and Son Lettings department consider the current market value once refurbished to be a figure in the region of £1,000 per calendar month (£12,000 per annum).
 
A buyers premium of £1,000 plus VAT (£1,200 inc. VAT) is payable at the time of signing the contract.

                                                                   

ENERGY PERFORMANCE RATING - TBC

 

VIEWING

By appointment with the Auctioneer and at the courtesy of the Tenant.

 

Joint Auctioneer:

Smith Lachter

12 Southernhay

Basildon

Essex

SS14 1EL


20 Takely End, Kingswood, Basildon, Essex Open in google maps

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General remarks

Tenanted properties may only be viewed by prior arrangement with Hair & Son. The Auctioneer reserves the right to divide or sell part of any lot or offer two or more lots together.

*An important note on guide prices

We issue a guide price for each property. These are not the same as reserve prices which are the undisclosed figure below which the property will not be sold “under the hammer”. The guide prices are usually set at the lower end of the vendors expectations. Guide prices are sometimes adjusted between publication of the catalogue and the auction sale, these adjustments are shown on our web site. They can go up especially if pre Auction offers are received and declined in excess of the guide, or they can go down. Within the industry the reserve is expected to be within 10% of the final guide price. As a general rule our reserves over the past year have not exceeded the price guides in the catalogue.

See our Notice to Bidders

Occasionally properties are sold prior to auction and we recommend that prospective purchasers check with this office on
01702 39 49 59 on the morning of the sale to confirm that the property in which they are interested is still available.

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Lot 10 20 Takely End, Kingswood, Basildon, Essex, SS16 5AZ

Tenanted Freehold Terraced House £210,000

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Lot 10 : • 20 Takely End, Kingswood, Basildon, Essex , SS16 5AZ

Tenanted Freehold Terraced House • £210,000

Auction on 6th December 2018 3pm

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