Flat 1, 18 Market Square, Bromyard, Herefordshire, HR7 4BP
To be auctioned online. Bidding closes 23rd May at 4pm.
A Two Bedroom First Floor Flat Subject to an Assured Shorthold Tenancy Producing £3,900 Per Annum.
Leasehold. To be sold on a new lease of 125 years.
Ground rent - £250 per annum.
The property is located in Bromyard, a market town in Herefordshire, situated in the valley of the River Frome. Local shops and amenities are close by while transport are provided by local bus services and the Malvern Link Rail Station.
The property comprises of a two bedroom flat on the first floor of a corner building arranged over four floors.
First Floor: Reception Room, Kitchen, Two Bedrooms, Bathroom/WC.
Refer to Auctioneer.
*GUIDE PRICE & RESERVESDefinition of Guide Prices:
The guide price is an indication of the seller’s current minimum price expectation at auction and the guide price, or range of guide prices, is given to assist prospective purchasers. The guide price can be adjusted by the seller at any time up to the day of the auction in light of the interest shown during the marketing period and bidders will be notified of this change on our website and by the auctioneer prior to the lot being offered.Definition of Reserve Price:
The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. It is usual, but not always the case that a provisional reserve is agreed between the seller and the auctioneer at the start of marketing and the Final Reserve Price will be agreed between the auctioneer and the seller prior to the auction sale. Whilst the reserve price is confidential it will usually be set within the quoted guide range and in any event will not exceed the highest quoted guide price.