For sale by auction on Wednesday, 24 March 2021 at 11:00
Venue: Livestream Auction
Formerly a painters workshop the property was redeveloped to create a row of three two bedroom terraced properties around 25 years ago. Currently all are let producing £15,852 pa. The properties are double glazed, however are in need of improvement.
The property is situated in a predominantly industrial area just south of the town centre close to a range of services and amenities.
This is an ideal opportunity for an investor looking for a high yielding investment.
Description:
No 1 (61.82 sq/m, 665 sq/ft)
Two bedroom terrace house let on an Assured Shorthold Tenancy at £411 pcm (£4,932 pa)
Ground floor:: sitting room, kitchen
First floor: landing, two bedrooms
Outside: shared inner yard with no 2, small front area
No 2 (42.95 sq/m, 462 sq/ft)
Two bedroom terrace house with separate side access let on an Assured Shorthold Tenancy at £410 pcm (£4,920 pa)
Ground floor:: sitting room, kitchen
First floor: landing, two bedrooms
Outside: shared inner yard with no 1, small front area
No 3 (60.48 sq/m, 651 sq/ft)
Two bedroom terrace house let on an Assured Shorthold Tenancy at £500 pcm (£6,000 pa)
Ground floor:: sitting room, kitchen
First floor: landing, two bedrooms
Outside: rear yard, small front area
EPC Rating: D
Viewings
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides 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. Each 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
