3 bedroom terraced house for sale

Guide Price £90,000 Plus Fees
For sale by unconditional online auction, registration is now open. 29/01/2025 10:00 29/01/2025 14:35

For sale by online auction on 29 January 2025
Bidding opens at 10:00am and closes from 12:00 noon
Three Bedrooms
17.3% yield of Guide Price
End Terrace
Seaside location
Ideal Investment

Town & Country Property Auctions are pleased to present this fantastic 3 bedroom end terrace, turn key investment opportunity located in the lovely seaside location of Millom, Cumbria.
The property can be bought with the benefit of a guaranteed rental agreement providing £1,300 rental income pcm or £15,600 per annum. This is a 17.3% yield of our guide price of £90,000. Equally the property can be bought with vacant possession should a buyer prefer this.
Accommodation briefly comprises: three bedrooms, two reception rooms, kitchen and bathroom internally with front and rear gardens.
The property is located a short drive from the Lake District National Park, has the benefit of coastal living and is close to local amenities.
Please see the legal pack for further information.

Tenure
Freehold

Terms

Legal Pack

To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.

Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.