FOR SALE BY AUCTION ON WEDNESDAY 12TH JUNE 2024 COMMENCING AT 11AM - SALE VIA A LIVE STREAMED AUCTION
GUIDE PRICE: £280,000 to £305,000
Substantial mixed use investment property comprising a four storey four bedroomed Victorian Period house together with a self contained ground floor retail shop curently let on a commercaial lease and in use as a hairdressing salon. The rent passing is £5000 pa. The house is vacant and is in need of some improvement but has the potentail to yeild £18,0000 giving £23,000 pa gross with the expectation of an upward review of the retail premises. Externally there is a walled rear garden and a double garage with vehicle access at the rear.
Accommodation -
Ground Floor -
Reception Hall - 8.76m x 1.04m (28'9 x 3'5) - With composite door to hall with original mosaic tiled floor and leading to the staircase with understairs access to the basement and side access to the rear garden.
Dining Room - 4.39m x 3.35m (14'5 x 11'0) - With exposed pine floor and fitted bench box seat with windows to side elevation.
Kitchen - 4.27m x 3.38m (14'0 x 11'1) - With exposed floor boards and fitted base units with sink and recess for cooker, there is a cupboard housing the gas fired boiler and a bay window with hardwood glazed door opening to the rear garden.
Cellar -
Small Room - 3.00m x 1.07m (9'10 x 3'6) - With quarry tiled floor and light connected
Large Room - 4.65m x 3.86m (15'3 x 12'8) - With vinyl covered floor, fluorescent lighting and power points a door opens to a utilities cupbaord with gas and elecrticity meters.
First Floor -
Landing - 3.35m x 2.03m (11'0 x 6'8) - With twin PVCu double glazed windows to the side elevation.
Lounge - 5.03m x 4.88m (16'6 x 16'0) - A very spacious room with a wide three casement PVCu bay window to the front elevation, fitted shelving with cupboards under.
Bedroom Four - 3.48m x 1.52m (11'5 x 5'0) - With PVCu window to side elevation.
Bedroom Three - 3.51m x 2.24m (11'6 x 7'4) - With picture rail and window to rear.
Bathroom - 2.41m x 2.26m (7'11 x 7'5) - With panelld bath, pedestal washbasin and WC as well as ceramic tiled splash areas.
Bedroom Two - 3.71m x 3.35m (12'2 x 11'0) - Standing at the rear of the house with a window overlooking the garden and built in cupbaord and drawer.
Second Floor -
Bedroom One - 5.23m x 4.14m (17'2 x 13'7) - A light and spacious room with part vaulted ceiling, window to side and dorr to:-
En Suite Shower - 5.28m x 2.82m (17'4 x 9'3) - With shower cubicle, pedestal washbasin and WC with electric macerator.
Outside -
Rear Garden - Approached by timber sun deck and in need of cutting back the garden is walled with mature shrubs and has a side pedestrian gate to Lea Road where there is an external store. A blue brick path leads to the garage and the garden is south facing.
Double Garage - 5.18m x 4.70m (17' x 15'5) - Constructed of brick with an asbestos roof and up and over door, there is a vehicle access to the rear.
Retail Premises - Comprising a hairdressing salon with direct shopfront access to Abington Avenue the and including a store room with WC to the rear. Let on a Commercial lease with a term expiring November 2024 currently at a rent passing of £5000 per annum.
Services - Mains drainage, gas, water and electricity are connected.
Council Tax - 150a Abington Avenue - West Northamptonshire Council - Band B
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 during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.
Buyers Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT).
Buyers Premium Charge - The purchaser will be required to pay a buyers premium charge of £1800 (£1500 plus VAT).
Local Amenities - There are a variety of retail premises in the vicinity as well as a BP filling station and M&S shop in Abington Avenue as well as The County Tavern public house and the Northamptonshire County Cricket ground. Abington Park is within walking distance as well as The Northampton Racecourse Park andthe Magee Street Bakery.
How To Get There - From the towm centre head north east along the A5123 Ketterinmg Road to the traffic light junction with Abington Avenue adjacent to The Picturedrome Publiic House. Take the right hand lane and proceed into Abington Avenue passing Holly Road and Ivy Road. At the Stimpson Avenue junction bear left and proceed to the roundabout Junction with Abington Grove and the property stands on the junction on the corner of Lea Road.
Doirg16052024/9869 -