Property Details - Northaw Flats, Wych Hill Lane, Woking, Surrey

Photo of Northaw Flats, Wych Hill Lane, Woking, Surrey

Available at £1,400,000

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Lot 9

This detached building over three floors and set within its own grounds is arranged as seven self-contained flats, each being let on individual Assured Shorthold Tenancies with a total income of £64,800 pa. Situated on the south side of Wych Hill Lane between Wych Hill and Egley Road at the junction of Mount Hermon Road within this sought after residential area about 1.5 miles south of Woking town centre where a range of shopping facilities are available as well as Woking station providing a main line service, with good road communications linking to the M3, A3 and M25 motorways. It is understood that further scope exists to convert the building into two separate houses or return to a single substantial family home subject to receiving all necessary consents. Any purchaser is to rely upon their own enquiries in this regard. The property is sold with the benefit of this ongoing income and will be of interest to investment purchasers and developers.

Accommodation

Flats 1, 2, 3, 4 & 6: one bedroom, reception room with open plan kitchen, bathroom/WC
Flat 5: Two bedrooms, reception room with open plan kitchen, bathroom/WC
Flat 7: Two bedrooms (one with En-suite shower room/WC), reception room with open plan kitchen, bathroom/WC.
Outside: Off-street parking and communal grounds.

Tenure

Freehold

Local Authority & Tax Rating

Woking Borough Council. Tel: 01483 755855
Council Tax Bands: Flats 1, 2, 3, 4 & 6: C Flats 5 & 7: D

Viewing Times

Strictly by appointment through the Auctioneers

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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.

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.

Northaw Flats, Wych Hill Lane, Woking, Surrey

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