For sale by auction on Wednesday, 24 March 2021 at 11:00
Venue: Livestream Auction
This purpose built first floor one bedroom flat is let on a six month assured shorthold tenancy with effect from 30.11.20 producing £600 pcm (£7,200 pa). The property is located less than a mile west of the city centre.
This would be an ideal purchase for an investor looking for a good yield.
Description:
First Floor:
Entrance hall, store cupboard, bathroom, kitchen, lounge, bedroom
Outside
Communal rear garden.
Tenure
Leasehold 125 years from 07.10.96 (100 years remaining)
Ground rent and service charge: £154 per quarter to include ground rent of £10. Service charge includes heating and hot water
EPC Rating: C
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.