Shipwright Close, Worcester, WR4

£70,000

Guide price

  • Bedrooms: 1
*** BEING SOLD VIA THE MODERN METHOD OF SALE - STARTING BID £70,000 *** A keenly priced one bedroom GROUND FLOOR maisonette which is being offered for sale with NO UPWARD CHAIN, In brief the property comprises of an entrance hallway, open plan lounge / kitchen, bedroom and bathroom / W.C. Externally the property benefits from a private lawned rear garden and off street parking. WE WOULD STRONGLY ADVISE ANY INTERESTED PARTIES TO ARRANGE AN IMMEDIATE INTERNAL VIEWING TO FULLY APPRECIATE WHAT THIS PROPERTY HAS TO OFFER. EPC RATING = E.

LocationSituated in the popular Warndon district approx 2.5 miles North East of Worcester City Centre which offers an excellent range of retail and leisure facilities which include shops, bars, cafes and restaurants. There are also 2 train stations which can be located at Worcester Foregate Street and Worcester Shrubb Hill.

Our ViewA well presented GROUND FLOOR maisonette being offered for sale with NO UPWARD CHAIN, an ideal purchase for first time buyers, those looking to downsize or buy to let investor looking to further enhance their portfolio.We have been informed by the current owner that the property is LEASEHOLD with 62 years remaining on the lease and annual ground rent of just £70.00.We would estimate that this property would let for circa £500 per month giving an annual gross yield of approx 7.5%

Auction Details

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.Referral ArrangementsThe Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Entrance HallwayLounge 12' 2" x 11' 6" (3.71m x 3.51m )

Kitchen 7' 7" x 6' 7" (2.31m x 2.01m )

Bedroom 8' 10" x 7' 7" (2.69m x 2.31m )

Bathroom / WCRear GardenOff Street Parking

IMPORTANT NOTE TO PURCHASERS:We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

528959500/24

Arrange viewing 01527 758535

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