**ONLINE AUCTION**
To be sold via unconditional ONLINE Auction on Thursday 8th April 2021
(visit auctionhouse.co.uk/online).
BIDDING OPENS: 12:00 on Tuesday 6th April 2021
AUCTION ENDS: 12:00 on Thursday 8th April 2021
GUIDE PRICE: £260,000
Ideal investment opportunity. Fully tenanted mid terraced, 3 storey property with 6 let rooms. Current rent payable £26,040 p.a. (gross). Located within a popular residential area.
Note: The auctioneers were unable in inspect rooms 1,2,3 & 4.
GROUND FLOOR
Hallway:
Room 1: 15 ft 10 in max x 13 ft 2 in max
Room 2: 14 ft 1 in x 11 ft 3 in max
W.C.
Kitchen/ Dining room: 27 ft 9 in x 9 ft 5 in
FIRST FLOOR
Room 3: 11 ft 4 in x 9 ft 6 in
Room 4: 14 ft 1 in x 11 ft 2 in max
Room 5: 15 ft 10 in x 10 ft 6 in max
Bathroom:
SECOND FLOOR
Room 6: 16 ft 5 in x 13 ft 11 in
Front: Paved area.
Rear: Garden.
Freehold subject to tenancies.
Assured Shorthold Tenancies
Room 1
Term: 6 months commencing 7th March 2021
Rent payable: £375 p.c.m.
Room 2
Term: 12 months commencing 28 December 2020
Rent payable: £250 p.c.m.
Room 3
Term: 6 months commencing 1st October 2020
Rent payable: £375 p.c.m.
Room 4
Term: 12 months commencing 8th February 2021
Rent payable: £350 p.c.m.
Room 5
Term: 12 months commencing 18th May 2020
Rent payable: £370 p.c.m.
Room 6
Term: 12 months commencing 12th January 2021
Rent payable: £350 p.c.m.
Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for further costs.
Residential Investments
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
Call the team on 024 7652 7789 for more information
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