2 Bed Maisonette For Sale By Public Auction (unless previously sold)

Rickman Close, Woodley, Reading - £150,000



  • Ground floor maisonette with its own private garden
  • Uninhabitable without considerable improvements
  • About 76 years unexpired on the lease

FOR SALE BY PUBLIC AUCTION!!! (unless previously sold)

Ground floor maisonette – with its own private garden.

Definitely uninhabitable – without considerable improvements.

About 75 years unexpired on the lease.

FOR SALE BY PUBLIC AUCTION (unless previously sold)

NB.  At the current time Public Auctions are not permitted.  Accordingly, following a period of marketing, we will invite “best and final offers” by 2pm on Wednesday 16th December 2020.  There is a Legal Pack available online and it is likely the Seller will accept an offer from a party who has accepted the Legal Pack and is prepared to exchange contracts on the Auction Brochure, including the Memorandum of Sale, no later than close of business on Wednesday 23rd December 2020

 

DESCRIPTION/LOCATION: A ground floor maisonette forming part of the popular South Lake area of Woodley and in a short cul de sac. There are shops and schools, including South Lake Primary School, close by and Bulmershe Secondary School and Leisure Centre within about one mile.  Woodley is popular with the commuter, with Reading just to the west with the A329M and A3290 giving access to the M4. Earley railway station is also within about one mile.


Regretfully this property has been allowed to deteriorate over the years. A buyer will undoubtedly wish to replace the windows, refit the kitchen and bathroom, perhaps install central heating and redecorate.  Other properties in the area have been generally well maintained and with a private garden and nearby lake, this really does represent an exceptional opportunity. There are less than 80 years unexpired on the lease and this is reflected in the price guide.


The accommodation comprises:


Entrance Hall: with cloaks cupboard


Bedroom One: 12’4 x 11’3 with wardrobe


Bedroom Two: 11’2 x 9’7


Bathroom:


Inner Hall: with airing cupboard and two other cupboards


Reception Room: 16’ x 10’


Kitchen: 12’3 x 8 with door to rear garden


Outside:                                  


Car Parking: There is a significant area of communal parking for this and other properties.


The Gardens: There is a small open plan area of garden to the front.  The garden at the rear is approximately 40ft in depth and could provide a very pleasant setting for the property.  It has been fenced but some fencing panels need to be replaced.


Bin store.


Tenure: Leasehold. The property is held on a lease for a term of 125 years from 1st July 1970 meaning there are approximately 75 years unexpired. 


Service Charge & Ground Rent: We understand the Ground Rent is currently £10 per annum. The Legal Pack will provide details of the Service Charge if applicable.


Energy Efficiency Rating: E43


Council Tax: Band C        


Viewing: We propose three or four opportunities for prospective purchasers to look around the property. The dates are not yet published as open viewings are not generally permitted. However by allocating interested parties 15 minute time slots, we comply with current regulations. To book an appointment please contact Sarah Watson on 0118 978 0777 or wokingham@martinpole.co.uk



Martin & Pole Estate Agents

To discuss this property please call us on

0118 978 0777

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Floorplan for Rickman Close, Woodley, Reading

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