- Sale by Modern Auction (T&Cs apply) +
- Subject to an undisclosed Reserve Price +
- Buyers fees apply +
- Central Salisbury Location +
- Currently Presented as Three Flats +
- Investor Income Potential +
- Potential to Improve +
SUMMARY
An opportunity to purchase a substantial building situated on Wilton Road, Salisbury. Located just a short distance from the city centre, the property is currently presented at three separate flats over 3 floors and offers potential for improvement as modernised flats or conversion to a family home.
DESCRIPTION
Offering to the market a rare opportunity to purchase a substantial building situated in Wilton Road, Salisbury. Located a short distance from the city centre, the property is currently presented at three separate flats over three floors and offers potential for improvement, either as three modernised flats or conversion back to substantial family home. As a rough guide, after renovation each flat could achieve a monthly rental income of £800 plus.
Salisbury offers a range of entertainment, shopping and cultural facilities. There is a twice weekly Charter market in the city centre. Salisbury has direct rail services to London Waterloo, Southampton and the West Country and is conveniently located for the New Forest and South Coast.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Ground Floor Flat Epc D
Entrance Hall
Front door and hallway leading to bedroom and lounge/dining room
Bedroom 16' max x 11' 7" max ( 4.88m max x 3.53m max )
Front aspect
Lounge/ Dining Room 16' max x 11' 4" max ( 4.88m max x 3.45m max )
Rear aspect, door to kitchen
Kitchen 8' 8" x 6' 5" ( 2.64m x 1.96m )
Comprising wall and base units with work surfaces above, single oven with hob above, stainless steel sink/drainer with mixer tap. side aspect, door to bathroom,door to outside.
Bathroom
Comprising panel enclosed bath with shower attachment, glass shower screen, pedestal wash hand basin, WC. Side aspect
Flat 21a Mid Floor Epc D
Hallway
Doors to lounge and bedroom
Lounge/Dining Room 17' 1" max x 16' 5" max ( 5.21m max x 5.00m max )
Rear aspect, door to kitchen
Kitchen 8' 2" x 9' 9" ( 2.49m x 2.97m )
Comprising wall and base units with work surfaces above, single oven with hob & extractor above, stainless steel sink/drainer with mixer tap. side aspect.
Bedroom 12' 3" x 10' 3" ( 3.73m x 3.12m )
Front aspect, door to bathroom
Bathroom
Comprising panel enclosed bath, pedestal wash hand basin, WC
Flat 21b Top Floor Epc D
Entrance Hall
Doors to living area and bedroom
Kitchen/Lounge/ Dining Room 15' 9" max x 11' 7" max ( 4.80m max x 3.53m max )
Comprising wall and base units with work surfaces over, single oven with hob and extractor over, stainless steel sink/drainer with mixer tap. Rear aspect.
Bedroom 12' 6" x 11' 7" ( 3.81m x 3.53m )
Front aspect, door to bathroom
Bathroom
Comprising panel enclose bath, pedestal wash hand basin, WC
Agents Note
It is our understanding that the Property is not registered at the Land Registry which is the case with a significant proportion of land across England and Wales. Your Conveyancer will take the necessary steps and advise you accordingly.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.