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Guide Price: £100,000.00

Modern Method of Auction

Finsbury House , 52 Pillowell Drive , Gloucester , GL1 3LZ

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CURRENT BID*

£90,500.00

(Place a bid)

AUCTION CLOSED

Lot Number: 13533655

Property ID: 78807987

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £91,000.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

£

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Guide Price

£100,000.00

Method of Auction

Modern

Property Type

Flat

Number Of Beds

2

Tenure

Leasehold Property

Address

Finsbury House

Key Features

• Brilliant Investment Opportunity
• Perfect for Gloucester Royal Hospital Workers
• Open Plan Kitchen and Living Room
• En-Suite to Master Bedroom
• Two Double Bedrooms
• Electric Storage Heaters Throughout
• Council Tax Band: B
• Garage Parking
• Buyers Fee Applies
• Auction Pack Available On Request

Description

** For Sale By Online Auction**

A perfect investment opportunity for a landlord or a great option for first-time buyers wanting to join the property ladder!!

Perfect for a first-time buyer or investor, this lovely two-bedroom apartment located in the popular area of Pillowell Drive, benefits from a quiet third-floor location (with lift access), away from the hustle and bustle as well as being a short walking distance from Gloucester Royal Hospital & Gloucester Quays and City Centre; whilst also benefiting from the proximity of easy access to railway lines and bus routes.

This beautifully presented apartment boasts an open-plan kitchen and living space with a perfectly appointed dining space.

A large double bedroom with an ensuite is accompanied by a second double bedroom and a family bathroom with a shower over the bath. The apartment also includes a garage.

The property is located close within walking distance (5mins) of Gloucester Royal Hospital, Gloucester City Centre, and the train station as well as motorway links to both Cheltenham and Bristol.

Additional Information -
Floor Area: 69sqm
Maximum Rental Achievable: £11,880 per annum (circa £990 pcm)
Current Rental Price: £9,600 per annum (circa £800pcm)
Electric Heating throughout
Buiding built: 2002
Tenure: Leasehold
EPC: Rating C
Council Tax Band: B
Leasehold information: 999 years from 1 January 2002 (977 years remaining)
Service Charge Annually = £1248 per annum (£104 pcm)
Ground Rent Annually = £150 per annum

Hallway -
1.56m x 1.52m (5'1" x 5'0")
Entrance Door, leading through archway to main hallway, delux flooring

Kitchen/Living/Dining Room -
5.80m x 4.99m (19'0" x 16'4")
Living Room: Two side aspect double glazed uPVC windows, two electric storage heaters, sockets, carpeted flooring
Kitchen: A range of wall mounted and base units, electric hob and oven, space for washing machine and fridge freezer, stainless steel sink.

Bedroom One -
3.81m x 2.95m (12'6" x 9'8")
One side aspect uPVC window, one electric storage heater, sockets, carpeted flooring.

Ensuite Bathroom -
Shower cubicle with electric shower, hand wash basin, WC, frosted side aspect uPVC double glazed window.

Bedroom Two -
3.19m x 3.07m (10'6" x 10'1")
One side aspect uPVC window, one electric storage heater, sockets, carpeted flooring.

Bathroom -
Panelled bath with shower head attached, hand wash basin and W.C.


Modern Terms & Conditions -
This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange, or the vendor is free to remarket the property and the reservation fee will not be returned. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5,940 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE.

Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: GL1 3LZ

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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