Property Auction House and RICS Registered Valuer

Next Auction:
11/4/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
By order of the Charity Commissions Joint Interim Managers

Lot 33

127 - 149 Headley Road, Woodley, Reading

Photo of 127 - 149 Headley Road, Woodley, Reading
Photo of 127 - 149 Headley Road, Woodley, Reading
Photo of 127 - 149 Headley Road, Woodley, Reading
Photo of 127 - 149 Headley Road, Woodley, Reading
Photo of 127 - 149 Headley Road, Woodley, Reading
Photo of 127 - 149 Headley Road, Woodley, Reading
Photo of 127 - 149 Headley Road, Woodley, Reading
Sold jointly with Lot 9 for £44,000

MAP

By order of the Charity Commissions Joint Interim Managers

Lot 33

This freehold ground rent opportunity consists of twelve maisonettes set back from Headley Road with ample parking area. Reading is within a few miles and easily accessible as well as providing excellent access onto the M4 Motorway. All of the maisonettes are held on leases of 999 years from 24th June 1954 with varying ground rent ranging from £5 to £200. However the current total income amounts to £1465 and the investment is sold with the benefit of this income.

ACCOMMODATION

12 Self Contained Maisonettes

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

Wokingham Borough Council 0118 974 6000
All flats Council Tax Band B

VIEWING TIMES

External Viewing Only

JOINT AUCTIONEERS

Symon Smith & Partners Ltd, 277/281 Oxford Street, London W1C 2DL 020 7495 7020

ADDENDUM

Please note this lot will be offered jointly with Lot 9.

Enquiry Form

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Price Information

*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) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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