*** SOLD AT AUCTION - £430,000 ***
**ONLINE AUCTION**
To be sold via unconditional ONLINE Auction on Tuesday 28th February 2023
(Visit auctionhouse.co.uk/online).
BIDDING OPENS: 13:00 on Monday 27th February 2023
AUCTION ENDS: 13:00 on Tuesday 28th February 2023
GUIDE PRICE: £300,000 to £350,000
*** SOLD AT AUCTION - £430,000 ***
Unique development/investment opportunity. Former hostel comprising of 12 x self contained studio flats, requiring modernisation throughout. Parking area to the front and side, with land to the rear backing onto Wren Street. Located in a popular residential area and has potential once fully renovated and let to achieve circa 12%+ yield.
ACCOMMODATION GROUND FLOOR
Flat 1:
Kitchen/lounge/Bedroom: 13 ft 6 in max x 9 ft max
Shower room:
Flat 2:
Kitchen/Lounge/Bedroom: 13 ft max x 12 ft 9 in max
Shower room:
Flat 3:
Kitchen/Lounge/Bedroom: 13 ft 3 in max x 10 ft 3 in max
Shower room:
Flat 4:
Kitchen/Lounge/Bedroom: 13 ft 4 in max x 10 ft 7 in max
Shower room:
Flat 5:
Kitchen/Lounge/Bedroom: 15 ft 10 in max x 12 ft 5 in max
Shower room:
Flat 6:
Kitchen/Lounge/Bedroom: 16 ft 9 in max x 13 ft 1 in max
Shower room:
Flat 7:
Kitchen/Lounge/Bedroom: 16 ft 9 in max x 12 ft 11 in max
Shower room:
FIRST FLOOR
Flat 8:
Kitchen/Lounge/Bedroom: 13 ft max x 15 ft 9 in max
Shower room:
Flat 9:
Kitchen/Lounge/Bedroom: 16 ft 5 in max x 11 ft 11 in max
Shower room:
Flat 10:
Kitchen/Lounge/Bedroom: 15 ft 11 in max x 6 ft 5 in min x 12 ft 6 in max
Shower room:
Flat 11:
Kitchen/Lounge/Bedroom: 13 ft 4 in max x 10 ft 8 in max
Shower room:
Flat 12:
Kitchen/Lounge/Bedroom: 13 ft 4 in max 9 ft 11 in max
Shower room:
OUTSIDE Parking area to front and side.
Rear: Garden/potential parking area accessed from Wren Street.
EPC RATING Flat 1 - D
Flat 2 - D
Flat 3 - C
Flat 4 - C
Flat 5 - D
Flat 6 - C
Flat 7 - D
Flat 8 - D
Flat 9 - E
Flat 10 - C
Flat 11 - C
Flat 12 - C
COUNCIL TAX BAND Flat 1 - A
Flat 2 - A
Flat 3 - A
Flat 4 - A
Flat 5 - A
Flat 6 - A
Flat 7 - A
Flat 8 - A
Flat 9 - A
Flat 10 - A
Flat 11 - A
Flat 12 - A
TENURE Freehold with vacant possession.
ADDITIONAL COSTS Administration Fee: £1,650 (£1,375 plus VAT.
Please see the legal pack for any further costs.
Tenure: See Legal Pack
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 Fee: £1,650 (£1,375 plus VAT.)
Call the team on 024 7652 7789 for more information
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