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Guide Price: £100,000.00

Traditional Auction

Alexandra House , 94 Pillowell Drive , Gloucester , GL1 3LZ

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CURRENT BID*

£90,000.00

(Place a bid)

AUCTION CLOSED

Lot Number: 75628901

Property ID: 85424946

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £90,500.00

Fees Apply

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

£

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Guide Price

£100,000.00

Method of Auction

Traditional

Property Type

Flat

Number Of Beds

2

Tenure

Leasehold Property

Address

Alexandra House

Key Features

• Guide Price **£100,000 - £115,000**
• Brilliant Investment Opportunity
• Fantastic First Time Purchase
• Sold With Tenants In SITU
• Top Floor with Lift Access
• Open Plan Kitchen and Living Room
• Allocated Parking Space
• Electric Storage Heaters Throughout
• Perfect for Gloucester Royal Hospital Workers
• Council Tax Band: B
• Buyers Fee Applies
• Post Auction Offers Invited
• Auction Pack Available On Request

Description

** For Sale By Online Auction** Post Auction Offers Invited** Guide Price **£100,000 - £115,000**

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 top-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. This property also comes with an allocated parking space.

A large double bedroom is accompanied by a single bedroom and a family bathroom with a shower over the bath.

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: 59sqm
Leasehold information: 999 years from 1 January 2002 (977 years remaining)
We understand the Service Charge to be circa £2200 per annum (£104 pcm)
We understand the Ground Rent to be circa £200 per annum
Current Rental Price: £10,800 per annum (circa £900pcm)
Building built: 2002
EPC: Rating D
Council Tax Band: B
Maximum Rental Achievable: £11,400 per annum (circa £950 pcm)
This property will be sold without a management pack.

Traditional 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 auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. 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 and provide card 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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