Portway, Warminster, Wiltshire


Guide price

  • Bedrooms: 4
Situated close to the town centre and a mainline bus service, these four 1 bedroom apartments have served the owners well with all four currently tenanted generating £21,000 income per annum. The private access to the apartments are approached via one communal entrance with all of them having operational kitchens and bathrooms with shower facilities. Heating facilities to the apartments are served via electric and gas central heating (for the top apartment only) as well as double glazing for all of them. Please note that a number of the apartments have had recent improvements made to them. Outside on street parking can be found nearby.

The town of Warminster offers a wide range of shopping and leisure facilities as well as a main line railway station to London Waterloo. The nearby A303 provides excellent road links to London to the east and Exeter to the west and the A36 journey to Salisbury is 14 miles away. Nearby attractions from the village include Longleat House and Safari Park, Shearwater Lake, Stourhead and the Salisbury Plain.

For sale by the Modern Method of Auction; starting bid price £250,000 plus reservation fee - date to be announced, unless sold prior.

AUCTION DETAIL - Closing date for Auction will be confirmed shortly. For more information on The Modern Method of Auction please see our website www.daviesanddavies.co.uk and click the AUCTION tab and see the Auctioneer's Comments below.

AUCTIONEER'S COMMENTS - This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 56 days to achieve completion of contracts from the date the buyer's solicitor is in receipt of the draft contracts. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% including VAT subject to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by London and South East Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.

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