Flat for auction in Swindon

Description

A two bedroom flat requiring a scheme of modernisation throughout. The flat is situated on the sixth floor and the accommodation briefly comprises two bedrooms, a reception/kitchen room and a bathroom.

Conveniently located in Swindon Town Centre, the property benefits from superb access to a wide range of local amenities, shops, restaurants, and excellent transport links.

Leasehold

129 years remaining with a ground rent of £600 per annum. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Note

The property is sold as seen. All services/appliances have not and will not be tested.

Bidders will be required to pay a 10% deposit subject to a minimum of £5,000 prior to auction before being authorised to bid. Payments will be returned to any unsuccessful bidders following the auction.

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

The property may be suitable for cash buyers only due to being non-standard construction and a lack of an EWS1 certificate.

Tenure

Leasehold

Occupancy

Vacant posession upon completion

Costs

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,200 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

General

Note to Buyers
The property is known at the land registry and on the contract as
Bridge House, 1 Farnsby Street, Swindon SN1 5AP.

Addendum

Completion Date: 14.05.2026

We are advised the management pack is to follow and expected on the 12th of May.