Old St. Martins Road, Gobowen

£80,000

Guide price

  • Bedrooms: 4
FOR SALE BY PUBLIC AUCTION AT THE LION QUAYS HOTEL & SPA ON THE 30TH SEPTEMBER 2021 AT 2.00PM. GUIDE PRICE - £80,000 TO £100,000. A pair of self contained two bedroom apartments forming part of the conversion of a substantial Victorian property situated centrally within the popular village of Gobowen. Both apartments would benefit from improvement works and are let on Assured Shorthold Tenancies with the rent roll totalling £7,800 per annum.

General Remarks

Bowen Son and Watson with Kent Jones are delighted to offer Flats 2 and 4 Fairfield House for Sale by Public Auction. Fairfield House is a detached property which has been converted into four apartments, two of which are in separate ownership. Flats 2 and 4 are being offered for sale and include off road parking provision, shared gardens and a detached garage building to the rear. The apartments are warmed by electric heaters and open fires. Although currently rented, both offer great potential for further improvement which in turn increases the potential return available.

Location

The property is situated centrally within the popular village of Gobowen. The village has an excellent range of amenities including shops, post office, public houses, churches and primary school. Easy access onto the A5/A483 provides a direct link to the larger towns of Oswestry, Wrexham, Shrewsbury and the City of Chester. The village has a main line railway station which is a short walk from the property and provides services to Shrewsbury and Chester.

Flat 2

This apartment is accessed via a part glazed uPVC door at the front of the property and the accommodation briefly comprises:

Hallway

With doors off to:

Living Room

13' 1'' x 11' 0'' (4m x 3.35m)

Bay window to front, log burner, electric heater and TV point.

Kitchen

11' 6'' x 10' 2'' (3.5m x 3.11m)

Fitted base and eye level wall units with worktops over and inset 1.5 bowl sink/drainer. Integrated oven and hob with extractor hood over. Space and plumbing for washing machine and fridge/freezer. Integrated freezer, electric heater, telephone point, tiled floor and door to rear.

Bedroom One

13' 5'' x 8' 9'' (4.08m x 2.66m)

Bedroom Two

10' 4'' x 6' 8'' (3.16m x 2.02m)

Electric heater.

Bathroom

10' 0'' x 5' 1'' (3.04m x 1.56m)

Panel bath with electric shower over, pedestal wash hand basin, low level flush W.C, tiled floor, part tiled walls and extractor fan.

Flat 4

Flat 4 is located on the first floor of Fairfield House and has access via the front entrance door leading to a shared hall with staircase to the first floor landing. The door to the property is off this landing and leads into:

Kitchen

12' 4'' x 11' 4'' (3.77m x 3.46m)

Fitted base and eye level wall units with worktops over and inset stainless steel sink/drainer. Space for cooker, fridge/freezer and washing machine. Open fireplace, airing cupboard housing hot water cylinder and slatted shelving.

Inner Hallway

With doors off to:

Living Room

12' 6'' x 9' 11'' (3.8m x 3.03m)

With log burner.

Bedroom One

13' 7'' x 9' 3'' (4.15m x 2.81m)

Bedroom Two

10' 6'' x 6' 4'' (3.21m x 1.94m)

Shower Room

10' 0'' x 5' 3'' (3.06m x 1.61m)

Shower cubicle with electric shower, pedestal wash hand basin, low level flush W.C, electric heater.

Outside

To the front of the property is a gravelled driveway leading off Chirk Road providing an off-road parking area. There is also a lawned garden. To the rear of the property is a yard area which is partly paved and gravelled, providing off road parking and a vehicular access onto Old St Martins Road. There is also a Garage which fronts onto the rear yard.

Tenure

The property is freehold and sold subject to the two Assured Shorthold Tenancies currently in place. We are informed that Flat 2 has been let on an Assured Shorthold Tenancy since the 1st July 2016 with a passing rent of £350 per calendar month. Flat 4 has been let on an Assured Shorthold Tenancy since the 29th June 2020 with a passing rent of £300 per calendar month.

Method of Sale

The property will be offered for sale by public auction at the Lion Quays Hotel & Spa, near Oswestry on Thursday 30th September 2021, commencing at 2.00pm.

Buyer's Premium

Please note that the purchasers will be responsible for paying a buyer’s premium in addition to the purchase price set at 2.40% of the sale price achieved. For further details on fees payable please consult the legal pack.

Solicitor

Kaylee Evans of Lanyon Bowdler, 39-41 Church Street, Oswestry, Shropshire, SY11 2SZ. kaylee.evans@lblaw.co.uk 01691 652241

EPC Rating

EPC Rating Flat 2 - G '13' and Flat 4 - F '25'

Council Tax Band & Local Authority

Council Tax Band 'A'. Local Authority - Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND.

Directions

From Oswestry town centre proceed down Gobowen Road arriving at the large roundabout on the A5/A483. Take the second exit signposted Gobowen and proceed to the mini roundabout. Go straight over the mini roundabout and into the village over the level crossing. Continue straight where the property will be found on the right, immediately before the roundabout.

Guide Price

Where a guide price is given that price is not to be taken as an indication of the value of the lot or of the reserve price. Pre-auction guide prices are based upon the initial anticipation of the sale price of the property at auction. Prospective purchasers should be aware that guide prices are subject to change and are advised to check any amendments with the Auctioneers prior to the auction. The reserve price for each of the lots may exceed the quoted guide price and eventual guide price.

Reserve Price

The reserve price is the seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Arrange viewing 01691 652367

Bowen Son & Watson - Oswestry

35 Bailey Street, Oswestry, SY11 1PX

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