Flat 5, 18 Market Square, Bromyard, Herefordshire, HR7 4BP

£44,950 Guide Price
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To be auctioned online. Bidding closes 23rd May at 4pm.

 

A Ground Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £3,540 Per Annum.


Tenure
Leasehold. To be sold on a new lease of 125 years.
Ground rent - £250 per annum.

Location
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.

Description
The property comprises of a studio flat on the ground floor of a corner building arranged over four floors.

Accommodation
Ground Floor: Living/Bedroom Area, Kitchen, Bathroom/WC.

Viewings
Refer to Auctioneer.
*GUIDE PRICE & RESERVES
Definition 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.

View Common Auction ConditionsImportant Notes to Prospective Buyers