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2 bedroom apartment for sale

Flats 1, 2 & 3, Cherry's Yard, Backway Road

Under Offer £290,000

Property Description

Full description

Tenure: Leasehold

Three newly refitted first floor two bedroom apartments ideally located in the centre of the picturesque market town of Bicester.

Tenure:
Leasehold

Description:
To be sold together these three recently refitted two bedroom apartments are located in the town centre close to the shops and railway station. Each apartment has been finsihed to a good standard with all bedrooms having en-suite facilities. The apartments are all currently let providing an existing income stream for the new owner.

Accommodation - Apartment 1:
Entrance hall, living area/kitchen area, bedroom 1 with en-suite bathroom and bedroom 2 with en-suite shower room.

Accommodation - Apartment 2:
Entrance hall, living area/kitchen area, bedroom 1 with en-suite shower room and bedroom 2 with en-suite shower room.

Accommodation - Apartment 3:
Entrance hall, living area/kitchen area, bedroom 1 with en-suite bathroom room, stairs from the hall lead up to bedroom 2 with en-suite shower room.

Outside:
Outside is a small communual area.

Access:
Access is via Backway Road and the apartments are located in Cherry's Yard.

Lease:
999 years

Ground Rent and Service Charge:
Ground Rent: £62.50 pa, per flat.
Service Charge: £488.49 pa, per flat.

Rental Income:
The properties are currently let under Assured Tenancy agreements generating:
Apartment 1: £950 pcm
Apartment 2: £950 pcm
Apartment 3: £950 pcm

Total gross income: £34,200

Open House Viewings:
Thu 1 Dec: 12:30 - 13:00
Sat 3 Dec: 12:30 - 13:00
Wed 7 Dec: 12:30 - 13:00

Energy Efficiency Rating (EPC):
Current Rating C, C, D

Services:
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority:
Oxfordshire County Council - 01865 792422

Solicitors:
Brethertons LLP Solicitors, Franklins House, Manorfield Road, Biceter OX26 6EX, Ref: Mr Steven Neasham - stevenneasham@brethertons.co.uk, Tel: 01869 252161

Auction Date: 15-12-16
Lot No: 14
Sold Price: £320,000

More information from this agent

Listing History

Added on Rightmove:
28 October 2016

Map & Street View

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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 Auction House, Beds & Bucks on 01234 362899.


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