RESIDENTIAL PROPERTY FOR SALE

US$625,000

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Acreage: 0.69

Notice is hereby given that the Chargee, The Receiver for National Bank of Anguilla Ltd., shall sell by public auction the property listed below. The auction will take place at 12:30pm on Wednesday 16th June, 2023 at Hannah Waver House, The Valley, Anguilla.

For particulars of sale and terms contact:

• Cube Credit Services Limited, Auctioneers P.O. Box 328, The Valley, Anguilla B.W.I.

• Email: info@cubeauctions.com; telephone: 264-497-3470 or visit the website at www.cubeauctions.com.

• On Facebook at Cube Credit Services Ltd., Anguilla Receivershipccbnba or Receivership of CCB & NBA.

Interested persons must produce to the Auctioneer, proof of their ability to pay the 10% deposit purchase price in the event their bids are successful. Please note written bids will be accepted at the discretion of the Auctioneer if received by 11.30am on the day of the sale. Property is sold as is.

The property is located in the Rock Farm area overlooking The Valley and Sachasses. The general area is on an elevated hillside. Access is from the main public road through Rock Farm and on to a right of way that leads to the general area. The locality is on the outskirts of the Central Business District. The area is predominantly residential and moderately developed.

The parcel of land that is located at 18°12'38.16"N and 63° 3'39.76"W is rectangular in shape and measures approximately 245 feet long by 120 feet wide. Access is via a marl surfaced right of way via a sixteen feet right of way at its south boundary and an eleven feet right of way on its south eastern boundary.

IMPROVEMENTS: In addition to 0.69 acre of land, the property also comprises of a dwelling house. The building that has a gross floor area of 1,780 sq.ft. on the lower ground floor consisting of three bedrooms, three bathrooms, living, dining, kitchen, laundry, office and entry porch.

The main floor which covers 4,120 sq.ft. comprises three bedrooms, three bathrooms living room, dining, kitchen and laundry. The cistern that forms part of the foundation is 40 feet by 15 feet by 12 feet deep.

There is also a Studio unit that can accommodate a one bedroom, one bathroom, kitchenette and laundry area.

MARKET APPEAL: The immediate area is moderately developed and there has been moderate activity in land transactions in the general area in recent years. These characteristics, and the general nature of the area, make this area attractive for middle income rental or owner-occupation.

Reserve price: US$625,000

Details

Reserve Price : US$625,000

Property Type : Residential

Purpose : Auction

Status : Available

Living Area : 5904 sq.ft

Land Area : 0.69

Address : Rock Farm

Zip Code : AI-2640

Country : Anguilla

Internal Structure

Bedrooms : 7

Bathrooms : 7

Floors : 2

Next Auction

Auction Date : 16-Jun-2023

Action Time : 12:30 PM

Venue : HANNAH WAVER HOUSE, 2nd Floor

Features

Kitchen

Living Room

Dining Room

Laundry Room

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Debt Recovery With Results . . .

P.O.Box 328

1.264.497.3470