Lot 16

Block 3, Flat 11 Freemantle Road, Rugby, Warwickshire CV22 7HZ

Situated within the popular location of Bilton which affords easy access to Rugby town centre is this one bedroom first floor maisonette.

Guide Price: £65,000

Description:

Situated within the popular location of Bilton which affords easy access to Rugby town centre is this one bedroom first floor maisonette. Rugby benefits from an array of excellent shopping and leisure facilities together with a superb selection of bars and restaurants as well as having a main train station which services many locations. The property would be an ideal investment opportunity and is currently vacant however it would achieve an average rent of approximately £550 pcm. The internal accommodation comprises of hallway with stairs leading up to the first floor, lounge, kitchen, bathroom and one bedroom.

Accommodation

Ground Floor: Hallway leading the the first floor. First Floor: Lounge, kitchen, bathroom W/C, bedroom.

Tenure

Leasehold

EPC Rating

D with a total floor area of 570.4 sq ft / 53 sq m.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers, Bagshaws Residential, and vendors solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers, Bagshaws Residential, before the sale that the property is neither sold nor withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes and Important Notice printed within the sale catalogue.

Health & Safety Advice for Property Viewers

Whilst Bagshaws Residential make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of the properties in our auction and cannot therefore guarantee the safety and security of viewers   Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewer’s risk

*Guide and Reserve Prices

Important Notice
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. 

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash or credit card deposits.  The sale of each lot is subject to a contract documentation charge of £1200 (including VAT) payable on the fall of the hammer.  If you are unable to attend the auction for any reason you can still bid on the property either by telephone or proxy bid, please contact the auctioneers for further information. Guidance notes are set out in the catalogue in relation to auction property, particularly from a purchasing perspective.