Lot 134 - TWO FLAT RESIDENTIAL INVESTMENT OPPORTUNITY IN CONVENIENT LOCATION

Sold £152,000

Currently part let at £5,700 per annum Estimated rental income when fully let £12,840 per annum

A dual component investment comprising independent ground and first floor two bedroom flats with garden, yard and parking located conveniently for the town centre just the other side of Cemetery Park with its famous 3.7m sundial.

This is an excellent opportunity to acquire the graphic potential for a substantial income stream and is likely to attract the attention of those looking to add to or commence their residential lettings portfolio.

6 Beech Road

Ground Floor

Canopy porch, lobby, reception hall, living room, bedroom, kitchen, utility room and shower room.

Tenancy

Let on an Assured Shorthold Tenancy, to the same tenant since 2005, at a current rental of £475 per calendar month.

6A Beech Road

First Floor

Kitchen, inner hall, living room, two bedrooms, bathroom and W.C.

Tenancy

Recently vacated at £550 pcm.

Outside

There is a garden to the front and a useful yard area and store shed at the rear where there is also ample parking for at least two cars.

Viewing

Strictly by prior confirmed appointment with the Auctioneers Office. Interested parties are advised not to contact the tenants direct

Freehold with Part Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/