Property Description
Data accuracy has been partially verified for this property. More info on modelled data points below.
Our analysis
Welcome to 8 The Parade, Marlborough, a cozy and compact type home with 2 bed in the SN8 1NE area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .
This classic property was built
The local area is known for its high value-to-quality ratio -
with a market valuation of £253,000 and a rental potential of £1,645 per month,
,
it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
Additional analysis
In addition to our own current description, this property has received a tailor-made description dated to Sep 28, 2016. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
"GUIDE PRICE ?230.000+ Town centre investment property comprising mixed use rental and residential use. Consent for conversion to a two bedroom cottage with courtyard garden.
Situation and Description This attractive Grade II listed property is situated just off the High Street and is within easy walking distance of an excellent range of shopping and leisure amenities. Marlborough is one of the most sought after towns in the area and is surrounded by beautiful rolling countyside. The A4 provides good access towards London and Bristol and there is a mainline railway station at nearby Great Bedwyn.
The property is currently split into a ground floor lock up shop/office with living accommodation to both the ground and first floor. Whilst the property is in need of some modernisation it does retain attractive features to include beams. To the rear is a small courtyard.
Planning consent was granted for conversion to a residential dwelling by Wiltshire Council under Application No. 15/12099/FUL on the 25th January 2016.
The approved plans provide for a cottage with an internal floor area of about 900ft (84m) and comprise on the Ground Floor, Living Room, Dining Room, Kitchen and Bathroom. On the First Floor 2 Bedrooms. Copies of the decision notice and approved plans are available from the Auctioneers.
The property would be ideal for investment with a potential rental income in good order of ?800 per calender month which equates to about ?9,600 per annum.
For further information on lettings and management please contact Marlborough lettings on 01672 518 099. Directions From the High Street proceed past the Town Hall and turn right into The Parade. The property is along on the left. Legal Pack You can download the legal packs via our website www.strakers.co.uk and going to the auction home page by using the services heading at the top of the page. Click on the light blue tab under the next auction date displayed on the calendar. This will produce a lot list, select a lot of interest, this pulls up further details on the property - on the right under the photos click View Legal Documents - You will need to sign-up by entering your email address and creating a password the first time but this will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available. Viewings To arrange a viewing, contact: Marlborough Office 01672 518 099. Reserve & Guide Price Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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. Telephone & Proxy Bidding If you cannot attend the auction (although we strongly advise you do) you may make a TELEPHONE or PROXY BID. This authorises the auctioneer to bid on your behalf up to a pre-set limit. Forms and relevant conditions are available from the Auctioneers' offices. A completed form and two cheques (one for the 10% deposit (minimum ?3,000) and one for the Buyer's Administration Fee of ?400 plus VAT) are required by the Auction Department at least two full working days before the auction. Please telephone the AUCTION OFFICE (01249) 765200 to arrange these. Disclaimer These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representations of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it."