Auction House London

Lot 99

Block of Apartments - Flats / Apartments 

Flats 1-13 Beechcroft House

11-13 Park Lane, Newmarket, Suffolk, CB8 8AX

Withdrawn Prior to Auction

An Unbroken Freehold Block of Thirteen Self-Contained Flats (7 x 1 Beds, 2 x 2 beds & 4 x Studios). Fully Let Producing £92,976 per annum.

Description

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Harefield Park are also within close proximity. Transport links are provided by Newmarket Rail Station.

Exterior

The property benefits from a communal garden, a bike shed, a bin shed and 10 parking bays.

Description (2nd Column)

The property comprises a detached block of thirteen self-contained (7 x 1 beds, 2 x 2 beds & 4 x studio flats) arranged over ground and two upper floors.

Viewing Details

Open House Viewings:
Tuesday 28th August 11:30 – 12:00
Friday 31st August 11:30 – 12:00
Tuesday 4th September 11:30 – 12:00
Friday 7th September 11:30 – 12:00

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Flat 1 Ground One Bedroom Flat AST from 9th June 2017 at £650 pcm £7,800
Flat 2 Ground Studio Flat AST from 5th June 2009 at £480 pcm £5,760
Flat 3 Ground Studio Flat AST from 1st April 2018 at £550 pcm £6,600
Flat 4 Ground Two Bedroom Flat AST from 1st July 2014 at £628 pcm £7,536
Flat 5 Ground One Bedroom Flat AST from 1st August 2014 at £605 pcm £7,260
Flat 6 Ground Studio Flat AST from 12th June 2015 at £520 pcm £6,240
Flat 7 First Two Bedroom Flat AST from 1st October 2015 at £605 pcm £7,260
Flat 8 First Studio Flat AST from 21st April 2017 at £525 pcm £6,300
Flat 9 First One Bedroom Flat AST from 13th October 2017 £800 pcm £9,600
Flat 10 First One Bedroom Flat AST from 8th September 2014 at £605 pcm £7,260
Flat 11 First One Bedroom Flat AST from 1st July 2018 at £650 pcm £7,800
Flat 12 Second One Bedroom Flat AST from 28th November 2016 at £525 pcm £6,300
FLat 13 Second One Bedroom Flat AST from 6th March 2014 at £605 pcm £7,260

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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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about Flats 1-13 Beechcroft House, 11-13 Park Lane, Newmarket, Suffolk, CB8 8AX

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