April 2022: Tuesday 05 April 2022 - 9:00am
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    Key features

    • A freehold building arranged as two flats
    • 1 x 1 bed and 1 x 2 bed
    • Extension / development potential subject to requisite consents.
    • Private Gardens
    • Investment part let at £7859.80 per annum (Only the one bedroom flat will be let on completion on a rolling tenancy).

    Description

    A freehold building arranged as two flats over two floors. Plans for registering individual leases have been drafted and are included in the legal pack.

    The ground floor flat has one bedroom and benefits from a private entrance and a garden.

    The first floor flat is presented in clean decorative order, has two bedrooms and also benefits from a private entrance and garden as well as double glazing. This unit is sold fully furnished.

    Both flats benefit from gas central heating (not tested)

    Extension / development potential subject to requisite consents. Further potential to reconfigure the ground floor flat to add an extra bedroom/bedrooms subject to requisite consents.

    Investment part let at £7859.80 per annum.

    The ground floor flat is considered to be under let and there is potential to increase the rent. Interested parties must rely on their own investigations in this regard.

    Additional information

    Tenure

    Freehold.


    Please see the legal pack for draft leases and lease plans for each property which may be utilised by the buyer at their request and cost.

    Accommodation

    130

    Ground Floor - Entrance Hallway

    First Floor - Landing, Open Plan Living/Dining/Kitchen, Two Bedrooms, Bathroom/WC


    130A

    Ground Floor - Entrance Hallway, Utility Room, Bathroom/WC, Kitchen, Reception Room, Bedroom

    Tenancy

    130 - Vacant on completion.

    130A - Let on a statutory periodic tenancy for £604.60 every 4 weeks

    Rent

    £7859.80 per annum.

    Notes

    Please note that viewings will be of the first floor flat only.

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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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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.

      Local information

      Corringham is a town in the county of Essex

      Located to the rear of Oxwich Close, accessed off Gardner Avenue

      A range of amenities are available locally on Lampits Hill, Springhouse Road and Gordon Road

      Well located for a number of recreational amenities and green open spaces

      Transport

      Stanford-Le-Hope - National Rail

      Legal documents

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      EPC rating

      The EPC rating for this property is D

      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.

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