Lot 16 - Rocks Cottage, Vention Lane, Lydbrook, Gloucestershire, GL17 9RL

  • Unconditional Online Auction Sale
  • Guide Price* : £175,000+
  • Bedrooms: 3

Lot 16 - Detached house offering potential

Description

ONLINE AUCTION from 11TH - 13TH MARCH

A substantial detached three-bedroom residence situated in the delightful village of Lydbrook in the stunning forest of Dean. The property is currently occupied and sold with a tenant in situ and will require improvement however it offers huge potential and is approx. 176.5sq m (1,900 sq ft).

The forest of dean is well renowned for its beautiful scenery and is popular for outdoor pursuits. The nearby towns of Cinderford and Coleford offer a wide range of amenities and shops and the city of Gloucester is approx. 10 miles away.

Accommodation

Please note no internal inspection was carried out at the time of going to print but the accommodation is believed to comprise:
Ground Floor: Living accommodation
First Floor: 3 bedrooms
Outside: Spacious gardens

Tenancies

We are advised that the property is informally let at a rental of £500 per calendar month.

The sellers have not been provided with any tenancy agreements and interested parties must rely on their own enquiries in this regard.

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Paul Fosh Auctions, 01633 254 044

Office Contact

Sean Roper

Documents

Legal Documents

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Auction Finance

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