Studio flat for sale

Gaywood Road, King's Lynn, Norfolk, PE30 2PX

Guide Price* £45,000

Property Description

Key features

  • Ground floor studio apartment
  • Ideal investment purchase
  • Located in a popular residential suburb of King's Lynn

Full description

Tenure: Leasehold

Unsold For Sale By Auction At Barnham Broom Golf & Country Club On 27/07/2016 at 11:30 am.

GUIDE PRICE - £45,000 - £55,000

DESCRIPTION:
An opportunity to acquire a ground floor studio apartment located in the sought after historical market town of King's Lynn. The property is in good order throughout and has previously been let on an Assured Shorthold Tenancy agreement producing £3,540 per annum but is now sold with vacant possession. The lot could continue to be a good investment for a property portfolio or would make an ideal first home. King's Lynn offers numerous shops, bank, business and leisure facilities and access to the A47 which leads to Norwich and Peterborough. Energy Efficiency Rating D.

ACCOMMODATION:
Ground Floor: Entrance hall, shower room, kitchen, open plan lounge/bedroom.
Exterior: Communal car parking and gardens.

TENURE:
Leasehold (commenced on 29th September 1988 for 120 years).

VENDORS SOLICITORS:
Spire Solicitors, The Priory, Church Road, Dereham, Norfolk, NR19 1DW.
For the attention of Ms A Richards - Tel: 01362 692424.

VIEWINGS:
By arrangement with the Joint Auctioneers: William H Brown, 40-42 Kings Street, King's Lynn, Norfolk, PE20 1ES - Tel: 01553 771337.

Viewings
OPEN VIEWINGS:
Friday 1st July 11:30am - 12pm
Friday 8th July 5:30pm - 6pm
Saturday 16th July 3:30pm - 4pm
Saturday 23rd July 10am - 10:30am

CONDITIONS OF SALE
The Conditions of Sale will be deposited at the offices of the auctioneers, William H Brown, and vendors solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30am. Prospective purchasers are advised to check with the auctioneers, William H Brown, before the sale that the property is neither sold nor withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Guide and Reserve Prices
Guide Price: An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price: The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

NOTE
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits. The sale of each lot is subject to a contract documentation charge of £625.00 (plus VAT) payable on the fall of the hammer. If you are unable to attend the auction for any reason you can still bid on the property either by telephone or proxy bid, please contact the auctioneers for further information. Guidance notes are set out in the catalogue in relation to auction property, particularly from a purchasing perspective.

William H Brown are contactable at 5 Bank Plain, Norwich, Norfolk, NR2 4SF. Tel 01603 598975.

Visit our Website www.williamhbrownauctions-norwich.co.uk

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
22 June 2016

Nearest station

  • Kings Lynn (0.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

William H. Brown, Norwich - Auctions

5 Bank Plain, Norwich, Norfolk, NR2 4SF

01603 950072 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Kings Lynn (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

William H. Brown, Norwich - Auctions

5 Bank Plain, Norwich, Norfolk, NR2 4SF

01603 950072 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 49669. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by William H. Brown, Norwich - Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call William H. Brown, Norwich - Auctions on 01603 598975.


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