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Floorplan
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    Key features

    • Freehold Block of Flats
    • Comprising Eight Self-contained flats
    • Arranged as 5 x Studio flats and 3 x 1 bedroom flats
    • Fully let on AST's
    • Well located close to the town centre and news to Vernatt's nature reserve
    • VAT is not applicable
    • Investment let at £53,260 p.a. (21.30% GIY on Guide Price)
    • Four Week Completion Available, allowing buyers to complete ahead of the forthcoming Renters Rights Act.

    Description

    The property is arranged over ground and three upper floors to provide eight self-contained flats (5 x studio and 3 x 1 bedroom flats)

    Additional information

    Tenure

    Freehold

    Accommodation

    Please see the below Schedule of Accommodation and Tenancies


    Total 221.6 sqm (2,385 sq ft)

    Tenancy

    Please see the below Schedule of Accommodation and Tenancies

    Rent

    £53,260 per annum

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      Beechfield House is prominently positioned on High Street in Spalding, set on the east side of the River Welland and only a short walk from Spalding town centre. The property enjoys excellent proximity to local amenities around Market Place, with Spalding Rail Station approximately 0.6 miles to the west and the A16 located to the east, providing strong regional connectivity. To the north lies Vernatt’s Nature Reserve, offering a nearby green amenity and ecological attraction.

      Transport

      Rail- Spalding Rail Station located approximately 0.6 miles to the west, providing regular services to regional hubs.

      Road -The A16 lies to the east, offering convenient road access towards Peterborough, Boston and the wider Lincolnshire area.

      Bus - The surrounding High Street and town‑centre setting provides numerous bus stops within close walking distance.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums