Block of apartments for sale

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 12th FEBRUARY 2025 AT 11:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

Residential investment comprising a three bedroom house and two let flats

This end terrace property comprises of a house and two one bedroom self-contained flats to the rear all on one title. The 42 sq/m ground floor flat 2 is let at £450 pcm (£5,400 pa) and the 43 sq/m first floor flat 4 is let at £595 pcm (£7,140 pa), however is likely to be vacant by the auction. Originally the property was arranged as four flats and so the house could be converted back into two flats subject, subject to the necessary consents.

This is an ideal opportunity for an investor looking for a high yielding investment.

The property has been in the same family for around forty years.

On instruction of power of attorneys

House (55) Ground floor: entrance hall, sitting room, conservatory, kitchen/dining room, shower room
First floor: landing, two bedrooms, walk in cupboard, wet room, kitchen / bedroom
Ground floor flat (2) Ground floor: entrance hall, kitchen, shower room, sitting room, bedroom
First floor flat (4) Ground floor: entrance hall
First floor: landing, kitchen, sitting room, shower and wc, bedroom
Outside Front and side area for house and rear communal yard with lean to for two flats
Council Tax Band A

Tenure: Freehold

EPC Rating: D & E

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: £900 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.