Portway House, Warminster, BA12

For sale by online auction. Thursday 18th July 2024. Bidding to start at 9am and close at 4.30pm. Auction guide price £140,000 to £150,000* A superb two bedroom, top floor apartment in an iconic Grade I Listed building in the heart of Warminster.

Description

A fantastic opportunity to purchase a light and spacious two bedroom apartment on the upper floor of this iconic Grade I listed building located within walking distance of the town centre and railway station.

The apartment now requires a degree of improvement and redecoration but has the potential to be a super home or investment opportunity with a potential rental income of around £825 to £875 when completed.

The accommodation comprises an entrance hall with doors leading to the two double bedrooms and an arch in a feature red brick wall opening into the sitting room. The kitchen lies off the sitting room and has a range of wall and base units. The bathroom comprises a coloured suite with WC, wash hand basin and bath with shower over.

Outside

The apartment benefits from communal gardens and allocated parking.

Local Council: Wiltshire

Council Tax Band: B

Services: Mains water. electricity, and drainage is connected to the property. Potential buyers must rely on their own enquiries.

Tenure: Leasehold with the remainder of a 999year lease granted in March 1982. Full details of the lease will be contained in the legal pack. Vacant possession on completion

VAT: The purchase price is not subject to VAT

Viewing: By appointment through Cooper and Tanner on 01985 215579

Completion

Completion has been set for Thursday 15th August 2024 or earlier by arrangement.

Registering to bid and Administration fee

Cooper and Tanner require all bidders who wish to bid at our Auction to register beforehand, via the Cooper and Tanner website. As part of the registration process, you will be asked to provide card details in order that the Buyer’s Administration Fee of £1350 inc VAT can be paid if you are successful. A week before the auction a hold will be placed on your account for this sum, which will then be released if you are unsuccessful. This fee will only be taken if you are the successful buyer. The fee is retained by Cooper and Tanner and does not form part of your deposit or completion settlement. Please also be aware that the Buyer’s Administration fee is payable per lot purchased. If you are successful in purchasing more than one lot, we will contact you following the auction to take subsequent payments for additional lots bought. All checks required by current anti-money laundering legislation must be satisfactorily completed, as part of the registration process before prior approval to bid will be granted; this will include providing proof of funds.

Deposit

Successful bidders will be required to pay to the Cooper and Tanner Client Account the deposit of 10% of the purchase price within 24 hours of the auction. The account details will be provided to the successful bidder on conclusion of the auction. Once funds are cleared, they will be transferred on to the account of the solicitor acting for the seller. Please ensure that funds are in an account suitable to be able to make an Electronic Transfer from.

Solicitors

Farnfields, Warminster

Emily Walker acting Tel 01985 214661