• For Sale By Unconditional Online Auction
  • Guide Price* : £25,000-£35,000
  • Auction Ends

Flat 2 37 High Street, Wigton, Cumbria, CA7 9NJ

GUIDE PRICE £25,000 - £35,000
FOR SALE BY ONLINE AUCTION ON THURSDAY 24TH JANUARY
Investment property, 2 bed town centre flat let on AST at £4,200 pa. Gross yield of 14% at middle of guide price


Description

GUIDE PRICE £25,000 - £35,000
FOR SALE BY ONLINE AUCTION ON THURSDAY 24TH JANUARY
Investment property, 2 bed town centre flat let on AST at £4,200 pa. Gross yield of 14% at middle of guide price

Investment property - town centre flat - let at £4,200 pa

A spacious, second floor flat conveniently situated in the Town centre.
A good investment property currently let on an Assured Shorthold Tenancy at £350 per month giving a gross yield of 14% at the middle of the guide price.
It comprises:- large living room with kitchen area, bathroom, two bedrooms and boxroom.


Living room /kitchen - 20' x 14'9 max

with laminated wood floor, range of units, oven and hob;


Bathroom -7'6 x 4'

with bath, basin and WC;


Boxroom - 8'6 x 6'

Bedroom - 10'9 x 9'

Bedroom - 10' x 7'9

Outside

Access via external stairs from gated yard.


Tenure

Long leasehold tenure - 99 years from October 2010.

Additional Fees
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

The auction has not yet started
Minimum Opening Bid

£25,000


Bidding Opens On
24th Jan 2019 00:00
End Date

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* Guide | £25,000-£35,000
  • Flat
  • 2 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 01228 510 552 for more information

Related Documents

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.