Bransford Road, St Johns, Worcester, WR2

£280,000

Guide price

  • Bedrooms: 6
A unique investment opportunity to acquire a Grade II listed block of three, smartly presented and well maintained two bedroom apartments situated within the highly popular area of St John's. The property is laid out over three floors with each apartment occupying a floor, each apartment briefly comprises; Entrance Hall, Kitchen, Living Room, Two Double Bedrooms and Bathroom. Further benefits include gas central heating and driveway parking for each apartment. Annual rent reserved for the block is £20,340.

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer's solicitor, the buyer has 56 DAYS in which to complete the transaction; whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to exchange contracts means interested parties can proceed with traditional residential finance. Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of: A non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT - this is subject to a minimum of £6,000.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price. A non-refundable Buyer Information Pack fee of £220.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by IAM Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification for this must be sought from your legal representative. The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded from the auction section of our website, or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by the West Midlands Property Auction powered by IAM Sold.

LOCATION

These impressive apartments are situated within the highly popular area of St John's. They are ideally located for access to all the amenities St John's offers.

APPROACH

The property is approached via a block paved pathway giving lead to the communal entrance which is flanked by stone chip parking facilities.

COMMUNAL RECEPTION HALL

With staircase to upper floors and access to all the apartments

GROUND FLOOR APARTMENT

The ground floor apartment comprises;

Kitchen 11'11" x 10'5"

Sitting Room 15'5" x 8'9"

Bathroom 8'11" x 5'4"

Bedroom One 19'7" x 11'5"

Bedroom Two 16' x 10'9"

Currenly let out on a assured shorthold tenancy at £595 pcm.

FIRST FLOOR APARTMENT

First Floor Apartment briefly comprises;

Kitchen 8'11" x 9'10" (max)

Sitting Room 11'10" x 8'11"

Bathroom 8' x 5'6"

Bedroom One 12'1" x 11'

Bedroom Two 11'10" x 11'

Currently let out on an assured shorthold tenancy at £550 pcm

SECOND FLOOR APARTMENT

Second Floor Apartment briefly comprises;

Kitchen 9' x 8'11"

Living Room 11'7" x 8'10"

Bathroom 8' x 5'10"

Bedroom One 12'1" x 11'2"

Bedroom Two 11'10" x 11'2"

Currently for let on an assured shorthold tenancy at £550 pcm

AGENTS NOTE

Please note that a Buyers Reservation/Administration Fee of £200.00 plus V.A.T. is payable at the point of offer being accepted to Shelton & Lines – for terms and conditions please see https://www.sheltonandlines.co.uk/buyers-info

Marketed by Arrange viewing 01905 813783

Shelton and Lines

37 Droitwich Road, Worcester

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