Block of apartments for sale
Key information
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- Unless previously sold or withdrawn prior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.