Online auction date: 27th October 2020 at 12:30pm. By TOWN AND COUNTRY PROPERTY AUCTIONS LONDON -https://www.townandcountrypropertyauctions.co.uk/london/
All bidders must register beforehand. Please visit our website for further details.
Situated in a sought after location directly opposite Frimley Park hospital is this two bedroom detached bungalow. Planning permission has been granted to demolish the existing bungalow and re-build a new pair of semi detached properties. Planning documents can be downloaded from the legal pack. Interested parties are advised to make their own enquiries.
The property is currently let on an Assured Shorthold Tenancy Agreement at £1295 per calendar month, producing £15,540 per annum.
Please also see CGI’s for illustration purposes showing what the properties may look like once built.
Ground Floor Accommodation: Porch, entrance hall, living room, kitchen, two bedrooms, bathroom, W.C.
Outside: Driveway, garage and gardens front and rear.
EPC Rating E
Exchange And administration fee information: (plus fees)
Buyers Admin Fee Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyer's Admin Fee of £900 inc VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges. These may include, but are not limited to, Value Added Tax (VAT), Stamp Duty, ground rents, rent arrears/apportionment of rent, outstanding service charges, sellers search costs/disbursements, reimbursements of sellers solicitors, auctioneer costs, buyer’s premiums or reservation fees.