3 Bed Semi-Detached For Sale By Public Auction (unless previously sold)

Field Road, Reading - £325,000



  • Imposing house - now two flats
  • Adjoining the town centre
  • Good on site car parking

Sold - prior to auction. Similar property required.

Two flats – each with their own garden and parking for several cars.

Secluded setting very close to town.

Opportunity for a good rental income

DESCRIPTION/LOCATION:The property enjoys an exceptional location just a short distance from Reading town centre - it would generally be considered to be within walking distance. Excellent choice of train services available from the railway station including London Paddington and Waterloo. Three M4 junctions serve Reading. Originally a single property and now two flats this property offers real potential. It might also be suitable for occupation in full or in part as offices – subject to planning. Probably one of the earliest houses in the road. The property has undergone some improvements including re-roofing (full details to be provided) but as is invariably the case with older houses there are other works that would be of benefit.

 The property has until recently (August 2019) been Let and is suitable for that immediate ongoing use.

FOR SALE BY PUBLIC AUCTION (unless previously sold) on Wednesday 9th October at 2.30 pm. Further details on the auction brochure.

 51 FIELD ROAD– The ground and first floor flat – with its own entrance from the front. (about 83 sq m)

 First floor

Bedroom 1at the front with radiator and access to the roof space.

Bedroom 2at the rear with radiator and cupboard with Vaillant wall mounted gas fired boiler for central heating and domestic hot water.

Bathroomwith panelled bath with Mira shower, pedestal wash hand basin and low level WC.

Landing

Ground floor

Entrance Hallapproached via about five steps

Front reception roomwith radiator

Kitchen/Dining roomto the rear with radiator.

 Council Tax:   Band B                         EPC Assessment:    D66

 

51a FIELD ROAD–Lower ground floor flat with side and rear entrance (about 43 sq m)

Side lobby

Front Bedroom – with cupboard housing Vaillant gas fired boiler for central heating and domestic hot water.

Shower roomwith shower cubicle, wash hand basin, lower level WC, radiator and window.

Sitting room with kitchenette, door to rear garden, double radiator leading to open plan:

Kitchen area – stainless steel sink unit, adjoining work top, cupboards and drawers below and range of wall mounted units.

 

Outside

There is a driveway beside the house approached through double gates.  The garden has been divided to provide a small garden area and independent car parking for each of the flats.

Council Tax: Band B.   EPC Assessment:  E40 dated 8 October 2008 – to be reassessed.

Services: Mains, water, gas, electricity and drainage are connected.             

Local Authority:  Reading Borough Council.  The property is within the Russell Street/Castle Hill Conservation Area.

Tenure: Freehold with vacant possession upon completion of the purchase.

Directions: Leaving the A33/A329 Reading Inner Distribution Road, take the A4155 Bath Road leading out of the Town.  Field Road is then the second turning on the left hand side. NB. There is resident’s only parking in Field Road.  However at the far end and turning left into Garnet Hill, there is some limited 30 minute parking.  We suggest interested parties may choose to park lawfully in adjoining Garnet Hill.

 For further information please contact Sarah Watson 0118 978 0777 or w@martinpole.co.uk

 

The Conditions of Sale: are included in the Legal and Information Pack available from the Auctioneers prior to the Auction Sale and online at www.martinpole.co.uk. A copy of the Conditions of Sale will be attached to these Particulars to form part of the Contract.

* Property Auctioneers are required by the ASA to explain to prospective buyers the definitions of Price Guide and Reserve. The Reserve is the minimum price set by the seller at which the auctioneer can sell the property. The reserve can be set and agreed at any point up to the start of the auction or indeed can be changed during the auction.  The reserve can be lower than the guide price, the same as the guide price or up to 10% above the guide price. In accordance with ASA guidelines the guide price can be changed at any time up to and including the day of the auction sale. If the guide price is changed, we will endeavour to advertise the new guide price at the earliest opportunity. A list of final guide prices will be published in the auction room immediately prior to the sale.  This may be the first opportunity to publish changes.

IMPORTANT NOTICES
Identification of the Buyer
To accord with the Money Laundering Regulations 2003 and the Proceeds of Crime Act 2002:

No later than the date of the auction when the Memorandum of Agreement of the sale and purchase is to be signed we are required to see and keep copies of documentary evidence of the Buyer's identity and address.  If you intend to bid please contact us for further information of the documents required to be produced (full details of which are also given in the Information Pack available for intending Buyers) or if you prefer to register beforehand.

Buyer’s Fee

A charge of £500 (plus VAT), payable only by the successful Buyer, will be due to the Auctioneers, Martin & Pole, upon signature of the Memorandum of Agreement of the sale and purchase.  An appropriate VAT receipted invoice will be issued immediately after the day of the auction sale

Signing the Memorandum, Payment of the Deposit and Buyer’s Fee

The Buyer(s) will be required to sign Memorandum of Agreement attached to these Particulars, to pay the Deposit and Buyer’s Fee immediately after the fall of the hammer.  Payment of the deposit will only be accepted if made by cheque or bankers draft drawn on the account of the named Buyer and drawn on a UK clearing bank.

Property Details

We have endeavoured diligently to ensure the details of this property are accurate. We have not tested the services, appliances or fittings (if any) referred to in the details.

We recommend that each of the statements is verified and the condition of the property and of the services, appliances and fittings (if any) is investigated by you or your advisers before you finalise your offer to purchase, bid for the property or enter into a contractual commitment.

Stipulations

The property is sold with all faults and defects whether of condition or otherwise and neither the Seller nor the Agents of the Seller are responsible for any faults or defects or for any statements contained in the Particulars of the property prepared by the Agents.

The Buyer hereby acknowledges that he has not entered into this Contract in reliance on any of the said statements and he has satisfied himself as to the correctness of each of the said statements by inspection or otherwise and that no warranty or representation has been made by the Seller or the said Agents in relation to or in connection with the property.

 

 

 

 

 

 

 



Martin & Pole Estate Agents

To discuss this property please call us on

0118 978 0777

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