Stable Road, BICESTER
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- PROPERTY TYPE
Block of Apartments
- BEDROOMS
14
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- AUCTION SALE
- 12 September 2024
- EPC Rating - n/a
- Investment
Description
SUMMARY
AUCTION SALE 12 September 2024 - Freehold Unbroken Block of Flats
Mainly Let – One unit Vacant
Current Rent Reserved £113,200 per annum.
Investment
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DESCRIPTION
Freehold Unbroken Block of Flats
Mainly Let – One unit Vacant
Current Rent Reserved £113,200 per annum.
Investment
Location:
The property is located in this residential area just to the north of Bicester Town Centre and the famous Bicester Village Outlet Village. It is ideally located for transport links being just off the Banbury Road with the A41 and M40 motorway both easily accessible. Bicester North rail station is within half a mile of the property which provides fast connections to London Marylebone and Birmingham Moor Street.
Description:
The property comprises an unbroken purpose built block of fifteen apartments (flat 15 currently utilised as an office) and was constructed in 2001. The block provides external areas for residents parking and offers the opportunity for a buyer to consider enhancing the rent through further management or consider selling off individual flats for profit.
Total Rent Reserved:
£113,200 plus vacant possession of Flat 15
Accommodation/ Tenancy:
1: Ground Floor One Bed Flat, EPC rating D – 32 sq m (344 sq ft),
Council Tax Band: A
Tenancy: AST expiring 23/05/24, Rent: £7,800 pa
2: Ground Floor One Bed Flat, EPC rating C – 49 sq m (527 sq ft)
Council Tax Band: A
Tenancy: AST expiring 05/09/24, Rent: £8,400 pa
3: Ground Floor One Bed Flat, EPC rating C – 51 sq m (548 sq ft)
Council Tax Band: A
Tenancy: AST expiring 09/09/24, Rent: £8,400 pa
4: Ground Floor One Bed Flat, EPC rating C– 32 sq m (344 sq ft)
Council Tax Band: A
Tenancy: AST expiry date TBC, Rent: £7,000 pa
5: Ground Floor One Bed Flat, EPC rating C – 23 sq m (247 sq ft)
Council Tax Band: A
Tenancy: AST expiring Feb 2025, Rent: £10,200 pa
6: Ground Floor Studio Flat, EPC rating C – 32 sq m (344 sq ft)
Council Tax Band: A
Tenancy: AST expiring 12/12/24, Rent: £7,800 pa
7: Ground Floor Studio Flat, EPC rating D – 33 sq m (355 sq ft)
Council Tax Band: A
Tenancy: AST expiring 02/01/25, Rent: £7,800 pa
8: Ground Floor One Bed Flat, EPC rating D – 31 sq m (333 sq ft)
Council Tax Band: A
Tenancy: AST expiring 08/12/24, Rent: £7,800 pa
9: First Floor One Bed Flat, EPC rating D – 45 sq m (484 sq ft)
Council Tax Band: A
Tenancy: AST expiring 13/05/24, Rent: £7,800 pa
10: First Floor One Bed Flat, EPC rating D – 48 sq m (516 sq ft)
Council Tax Band: A
Tenancy: AST expiring 29/02/24 (holding over), Rent: £7,800 pa
11: First Floor One Bed Flat, EPC rating C – 33 sq m (355sq ft)
Council Tax Band: A
Tenancy: AST expiring 18/03/24 (holding over), Rent: £7,800 pa
12: First Floor Studio Flat with Balcony, EPC rating C – 32 sq m (344 sq ft)
Council Tax Band: A
Tenancy: AST expiring 06/08/24 £8,100 pa
13: First Floor Studio Flat with Balcony, EPC rating C – 31 sq m (333sq ft)
Council Tax Band: A
Tenancy: AST expiring 31/10/24, Rent: £8,400 pa
14: First Floor One Bed Flat, EPC rating C – 31 sq m (333sq ft)
Council Tax Band: A
Tenancy: AST expiring 30/09/24, Rent: £8,100 pa
15: Studio Flat was used as Office, EPC rating TBC, CTB - TBC, Vacant, Vacant rent
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Brochures
PDF Property ParticularsFull Details- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Stable Road, BICESTER
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bicester North Station0.2 miles
- Bicester Town Station1.0 miles
About the agent
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Industry affiliations
![National Association of Estate Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/national-association-of-estate-agents_max_135x100.png)
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference AUC0043832. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Barnard Marcus, Hammersmith Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barnard Marcus, Hammersmith Auctions on 020 3866 9305.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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