Lot 137: FIRST FLOOR BEDSIT FOR INVESTMENT

Available At £40,000 + Fees
1-3 Union Street,
Flat 3d,
Newton Abbot,
Devon. TQ12 2JX

Currently let at £5,700 per annum

Viewing by arrangement with Clive Emson Auctioneers

01392 366555

Audrey Smith/Katie Semmens

A self-contained first floor bedsit offered subject to an Assured Shorthold Tenancy Agreement and located within close proximity of Market Square Shopping Centre and all town centre facilities.

The property would make an ideal investment for those looking to start or add to their rental portfolio.

Accommodation

Communal entrance and stairs. Private entrance to hallway, shower room, kitchen and living/bedroom.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £475 per calendar month.

Auctioneer’s Note

At the time of publication the Auctioneers have been unable to internally inspect the property. These details have been provided by the Seller and interested applicants should rely on their own investigations to verify the information provided.

Tenure

On completion the flat will benefit from a new 125 year lease at a ground rental of £100 per annum.

Residential EPC: E

Map

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The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.