Block of Apartments for sale14, 15 & 16 CALTHORPE ROAD, BANBURY, OXON
Guide Price* £850,000
- PHILLIP ARNOLD AUCTIONS ARE PLEASED TO OFFER FOR SALE BY PUBLIC AUCTION ON : Wednesday, 07 December 2016
- LOT NUMBER : 9
- THREE ADJOINING PROPERTIES IN NEED OF UPDATING ARRANGED AS 12 SELF CONTAINED FLATS
- By Order of A2 Dominion
- Vacant Residential
- *GUIDE PRICE : £850,000
These three late victorian houses sit on the west side of Calthorpe Road in a suburban, mainly built-up residential location of pre-war housing to the south of Banbury town centre and on a sloping site. Banbury is known as a Garden City town situated on the west side of the M40 motorway between Birmingham in the north and Oxford in the south. Much expansion has taken place within the town since the arrival of the motorway over 20 years ago which has seen new shopping centres and trading estates developed. The main railway station is on the main North West coast line and the properties are within ½ mile of the town centre amenities.
The 3 properties comprise of mid terraced dwellings each of four storeys. They have been converted into a total of 12 self-contained flats spread over the three buildings. The three basement flats all have separate entrances from the front via steps down to doors under the main access staircase. No. 14 Calthorpe Road is split into 6 flats with the accommodation spreading into the first and second floors of No. 15 which includes two further flats and No. 16 comprises of four self-contained flats.
The property is in need of complete updating throughout and is sold with full vacant possession. PLEASE NOTE THAT THIS LOT WILL NOT BE SOLD PRIOR TO AUCTION UNDER ANY CIRCUMSTANCES.
Flat A - Basement. One Bedroom approx 516sf
Flat B - Ground Floor. One Bedroom approx 435sf
Flat C - First Floor. One Bedroom approx 459sf
Flat D - First Floor. Two Bedroom approx 536sf
Flat E - Second Floor. One Bedroom approx 459sf
Flat F - Second Floor. Two Bedroom approx 536sf
Flat A - Basement. Two Bedroom approx 527sf
Flat B - Ground Floor. One Bedroom approx 437sf
Flat A - Basement. Two Bedroom approx 538sf
Flat B - Ground Floor - One Bedroom approx 437sf
Flat C - First Floor - Two Bedroom approx 570sf
Flat D - Second Floor - Two Bedroom approx 570sf
LOCAL AUTHORITY & TAX RATING
Cherwell District Council 01295 227001
All Flats are Band A for Council Tax except Flat 16a that is Band B
Thurs 24/11 @ 11am
Please note the special conditions of sale provide that the purchaser is to pay an additional sum of 1.25% + VAT of the purchase price towards the vendor’s expenses.
*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 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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*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 Phillip Arnold Auctions, on 08456 525251.
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