Lot 38A
    Flat
    49 & 49A Ravensbourne Drive
    Woodley, Reading, Berkshire, RG5 4LJ
    Please refer to auctioneer for more information
     
    Number 1
    A Break-Up and Investment Opportunity Comprising Two x Two Bedroom Flats. Part Let Producing £11,100 Per Annum (Holding Over).

    Description

    The property comprises a mid terrace building arranged internally to provide 2 x two bedroom flats over ground and first floors.

    Tenure

    Long Leasehold. Both flats are held on a single 999 year lease from 24th June 1994 (thus approximately 970 years unexpired).

    Location

    The property is situated on a residential road close to local shops and amenities. The open spaces of Woodford Park are within easy reach. Transport links are provided by Earley rail station.

    EPC Rating

    C

    Addendum

    For the avoidance of doubt, the garage will not be included in the sale of this lot. It will be offered separately as lot 38B.

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Rent
    49 Ravensbourne Drive Ground Reception Room, Kitchen, Two Bedrooms, Bathroom, Private Garden AST holding over (Refer to legal pack) £925 pcm
    49a Ravensbourne Drive First Reception Room, Kitchen, Two Bedrooms, Bathroom Vacant N/A
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    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides 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. Each 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.

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