9 bedroom block of apartments for sale

Centrally located within an established residential area, this property was originally two separate houses and although each house has been converted into apartments, they both remain as stand-alone units. One of the houses now provides five separate apartments, along with a communal utility room, an enclosed rear garden and hard standing at the front. The adjacent house has been converted to four separate apartments and this also benefits from a communal utility room, an enclosed garden and hard standing to the front.

Both properties were converted in 2005 with all of the apartments benefiting from their own shower room, fitted kitchen cupboards with appliances, and with the exception of room 9 which is a one bedroom, the other units are all studio apartments. Two of the units benefit from gardens and another two have balconies. The property has been consistently fully let with many of the tenants in occupants for several years.

Tenure:
Freehold

Accommodation:
Number 6: Five units, communal utility room and storage.
Number 4: Four units, one is a one bedroom and three x studio apartments, communal utility room and storage.

Exterior:
Enclosed rear gardens and internal garages with both houses.

Tenancy:
4 Veryan Place:
Room 6: The property is let under an Assured Shorthold Tenancy producing £750pcm.
Room 7: The property is let under an Assured Shorthold Tenancy producing £600pcm.
Room 8: The property is let under an Assured Shorthold Tenancy producing £475pcm.
Room 9: The property is let under an Assured Shorthold Tenancy producing £700pcm.

6 Veryan Place:
Room 1: The property is let under an Assured Shorthold Tenancy producing £750pcm.
Room 2: The property is let under an Assured Shorthold Tenancy producing £575pcm.
Room 3: The property is let under an Assured Shorthold Tenancy producing £575pcm.
Room 4: The property is let under an Assured Shorthold Tenancy producing £475pcm.
Room 5: The property is let under an Assured Shorthold Tenancy producing £525pcm.

Viewings:
Thurs 21st Nov: 10:00 - 10:45
Sat 23rd Nov: 10:00 - 10:45
Thurs 28th Nov: 10:00 - 10:45
These are open house viewings, you do not need to make an appointment you can simply attend between the published times.

* The auction is being held at the Delta Marriott Hotel Timbold Drive, Milton Keynes MK7 6HL on Wednesday 4th December 2024 and will start at 12:00; it is a public auction so you can just turn up on the day you do not need to pre-register.

You can also register for telephone/proxy/internet bidding online from the 25th November 2024 by following the link below and clicking on the blue box “Register to Bid”: *

Council Tax Band:
B

EPC Rating:
Flat 1,6 - D, Flat 2,6 - D, Flat 3, 6 - E, Flat 4, 6 - D, Flat 5, 6 - D, Flat 6, 4 - D, Flat 7, 4 - D, Flat 8, 4 - D, Flat 9, 4 - D

VAT:
VAT is not applicable

Sellers Solicitor:
Ref: Kelly Loft
Seebeck House, 1 Seebeck Place, Milton Keynes, Milton Keynes, MK5 8FR
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Local Authority:
Milton Keynes Council -[use Contact Agent Button]

Buyers Premium:
There is no Buyer's Premium payable on this lot.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Administration Charge:
Purchasers will be required to pay an administration fee of £1,500 incl. VAT.

Lot Number:
8

Legal Pack: