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Guide price
£460,000

Block of apartments for sale

Queen Street, Haverhill CB9
Auction
Block of apartments
Added > 14 days

Key information

TenureFreehold
Council taxBand A

Features and description

  • Tenure: Freehold
  • Income of £43,560 per annum
  • 5 Apartments
  • Tenanted
  • Town Centre Location
  • Investment Opportunity
  • Guide price: £460,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 11:00am, Wednesday 11th December 2024

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 11TH DECEMBER 2024 AT 11:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

Fully tenanted block of five apartments situated in the centre of Haverhill with a yearly income of £43,560.

This is an excellent opportunity for an investor to acquire a fully tenanted block of five apartments, currently yielding an income of £43,560 per annum, with potential for further increase. The property includes four one-bedroom apartments and one two-bedroom apartment, all occupied under assured shorthold tenancies.

Situated in Haverhill, within close proximity to supermarkets, local shops, cinema and leisure centre.

5 Drakes Yard One Bedroom
Rent - £750
EPC - D
6 Drakes Yard One Bedroom
Rent - £610
EPC - D
7 Drakes Yard One Bedroom
Rent - £750
EPC - C
8 Drakes Yard One Bedroom
Rent - £695
EPC - D
9 Drakes Yard Two Bedroom
Rent - £825
EPC - E
Council Tax Band A

Tenure: Freehold

EPC Rating: D

Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Buyer's Premium Fee: £1440 inc VAT payable on exchange of contracts.

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

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About this agent

Auction House - East Anglia
Auction House - East Anglia
The Barn, Newmarket Road Cringleford Norwich, Norfolk NR4 6UE
01603 398879
Full profileProperty listings
The Auction House team have been holding auctions in East Anglia for over fifteen years. We originally operated under the Tops name, then as Tops Auction House. We have been the Eastern Region’s leading Land and Property auctioneers since 2002 and are highly respected in the area. Sale numbers have grown over the period to over 400 properties per year with success rates averaging out at well over 80% since 2004. Auction House East Anglia draws entries for its auction room in Norwich from a wide geographical area and is supported by a number of market and coastal town Introducer Agents who provide entries and assist with viewings. Auction House East Anglia operates from offices in Norwich (servicing Norfolk), King's Lynn (servicing NW Norfolk and parts of Cambridgeshire), Peterborough (servicing Cambridgeshire) and Ipswich (servicing Suffolk and North Essex) and sells a wide variety of property types covering the residential, land, commercial, investment and agricultural sectors. Many are vacant for improvement, others tenanted or for development. We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. Auction House East Anglia was the model Licensee and provided the template for others to follow. It continues to be one of the most successful operators in the UK and is the ‘first choice’ regional auctioneer across the counties of Norfolk, Suffolk, Cambridgeshire and North Essex.
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