6 bedroom block of apartments for sale

Featuring 3 SEPARATE SELF CONTAINED FLATS with the potential to expand the units further. All currently let generating a current income of £27,300pa with good potential to uplift the rental income to £54,000p.a.

Guide Price £360,000 to £400,000

GROUND FLOOR FLAT 1

 A ground floor flat with TWO BEDROOMS, one with an ENSUITE WC room. A Living room with bay window, family bathroom, a fitted kitchen with appliances and access to a rear garden.

Entry Hall way: with door off to living room, bathroom, bedrooms and kitchen.
Living room: measures approximately 5.71m into chimney breast x 5.52 into bay window (17.22” x 18.11”) a UPVC glazed bay window, radiator and fire surround.

Main bedroom: in an L shape and measures approximately 5.23 x 4.72m (17.15” x 15.48”) with a UPVC glazed window, radiator.

There is an ensuite WC room which comprises WC, wash hand basin and storage cupboard.
Second bedroom: measures approximately 3.32m x 2.37m (10.89” x 7.78”)

Kitchen: measures approximately 2.58m x 3.36m (8.46.” x 11.02.”) and comprises a range of wall and base kitchen units, roll top work counter, integrated electric oven, gas hob, extractor fan, fridge freezer, a washing machine and gas fired central heating boiler.

Bathroom: measures approximately 3.32m x 1.80m (10.89.” x 6.20.”) and comprises a bath with a shower over, low flush wc, wash hand basin, two UPVC glazed windows and a radiator panel.
Currently let on an Assured Shorthold Tenancy.
Current Rent: 775pcm (Can uplift to £995pcm)

EPC Rating: D
Council Tax band: C

Potential to split this space further into 2 flats.

FIRST FLOOR FLAT 2
- A 3 bed first floor flat with a reception room, fitted kitchen with appliances and a bathroom.

Living room: measures approximately 4.81m into chimney breast x 4.52m (15.78.” x 14.83.”) with a UPVC glazed bay window and a radiator panel.

Main bedroom: measures approximately 4.34m x 3.60m (14.32” x 11.81”) with a UPVC glazed window and radiator panel.

Second bedroom: measures approximately 4.37m x 3.25m (14.11” x 10.66”) with a UPVC glazed window and radiator panel.

Third bedroom: measures approximately 3.73m x 2.56m (12.24” x8.40”) with a UPVC glazed window and radiator panel.

Kitchen: measures approximately 2.74m x 2.51m (8.99.” x 8.23.”) and comprises a range of wall and base kitchen units, roll top work counter, integrated electric oven, gas hob, extractor fan, fridge freezer, a washing machine, gas fired central heating boiler, a UPVC glazed window and radiator panel.

Bathroom: measures approximately 2.81m x 2.52m (9.22.” x 8.27.”) and comprises a bath, a separate shower cubicle, low flush wc, wash hand basin, UPVC glazed window and a radiator panel.

Currently let on an Assured Shorthold Tenancy.
Current Rent: 800pcm (Potential to uplift this to £1050pcm)

EPC Rating: C
Council Tax band:

SECOND FLOOR FLAT 2

 A one bedroomed second floor flat with an open plan living room and kitchen diner, bathroom and double bedroom. UPVC Glazed windows and gas fired central heating.

Entry Hall way: with door off to living room/kitchen diner, bathroom, bedroom and a loft hatch.
Living room and open plan kitchen diner: measures approximately 9.09m x 3.53m (29.82” x 11.58”).

The kitchen has a range of wall and base units, roll top counter, integrated appliances which includes a fridge freezer, dish washer, washing machine, oven and hob.
Main Bedroom: measures approximately 4.40m x 3.17m (14.43” x 10.40”) with a UPVC glazed bay window and a radiator panel.

Bathroom: measures approximately 2.78m x 1.60m (9.12.” x 5.25.”) and comprises a bath, a separate shower cubicle, low flush wc, wash hand basin, UPVC glazed window and a radiator panel.

Currently let on an Assured Shorthold Tenancy.
Current Rent: 700pcm (potential to uplift the rent to £925pcm)

EPC Rating: D
Council Tax band: A

Terms:

Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

•5% deposit (subject to a minimum of £5,000)

• • Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT).

For worked examples please refer to the Auction Conduct Guide.

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.