Lot 137
    Flat
    5 Pine Acre Court
    The Ridge, Woking, Surrey, GU22 7EQ
    Sold for £220,000.
     
    Number 1
    A Ground Floor Two Bedroom Flat Subject to an a Periodic Tenancy Producing £20,400 Per Annum

    Description

    The property comprises a ground floor two bedroom flat situated within an end of terrace building arranged over lower ground, ground and first floors.

    Tenure

    Leasehold. The property is held on a 999 year lease from 13th January 1996 (thus approximately 970 years unexpired).

    Location

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

    Accommodation

    Lower Ground Floor
    Cellar

    Ground Floor
    Reception Room
    Kitchen
    Two Bedrooms
    Bathroom

    Exterior

    The property benefits from access to a large cellar, gardens and a garage.

    Tenancy

    The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 11/04/2022 at a rent of £1,700 per calendar month.

    Note

    Buyers are advised that there is a boundary dispute relating to the garden of the property. Further details are available within the legal pack, and interested parties must rely on their own enquiries. The property has not been inspected by Auction House London. All information has been supplied by the vendor.

    EPC Rating

    C

    Vendor

    Vendor

    Addendum

    Please note that this property is subject to a Buyers Premium of £1,560 inc VAT. This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers. For the avoidance of doubt the property is a ground floor flat with access to a cellar and not as previously stated. It is understood the boiler is in the basement accessible via a hatch in the kitchen. Please be aware the title does not refer to the inclusion of a basement or basement rooms forming part of the demise. A 1998 lease variation refers to the definition of Flat 5 being varied to "include the foundations of the Building so far as the same constitutes the foundation of Flat 5 The Buyer must rely on their own investigations and enquiries regarding any basement at the Property and no warranty is given in this regard.
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    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    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.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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