For sale by auction on Wednesday, 24 March 2021 at 11:00
Venue: Livestream Auction
This substantial end terrace house was converted many years ago into three self contained one bedroom flats. All are currently let and produce a combined income of £10,560 per annum. The property could benefit from updating which would enhance the property and create the possibility of a higher income. There is a large basement which could also expand the living accommodation and there is a pleasant rear garden and off road parking.
The property is excellently situated adjacent to a parade of shops and is a short walk from the High School and town centre.
Lower Ground Floor
Three basement rooms currently storage
Ground Floor
Hall, Flat 1 Lounge, kitchen, shower room, bedroom.
First Floor Landing - Flat 2
Landing, Lounge, kitchen, bedroom, shower room, sep wc.
Second Floor Landing - Flat 3
Landing, Lounge, kitchen, bedroom, shower room, sep wc.
Outside
Off road parking to front and pleasant sheltered rear gardens for shared use of tenants
Tenancies
All tenants are currently on AST's paying monthly rents of £320, £280 and £280, all are currently holding over.
EPC Rating: tbc
Viewings
Additional Fees
Buyers Premium - £420 inc VAT payable on exchange of contracts.
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.