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ONLINE AUCTION from 3rd FEBRUARY-5th FEBRUARY
An opportunity to acquire two purpose built one bedroomed flats (built circa 2020) situated in a well established residential location. The flats have previously been let and enjoyed good occupancy level and should see a good demand from potential tenants.
The flats both benefit from upvc double glazing and gas central heating (not tested), and have fitted kitchens and bathrooms. The flats are ideally located for local amenities and shops and access to the M4.
Ground Floor Flat A – Entrance, lounge/kitchen, bedroom, bathroom, access to rear garden.
First Floor Flat B, Stairs to first floor, kitchen/lounge, bedroom, bathroom
Outside Front and rear gardens
To be sold with vacant possession, but the flats should let at £750/£800 pcm for each unit. Potential income per annum £19,200 p/a
Advised Freehold - to be verified by solicitor
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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