Lot 84 - RESIDENTIAL INVESTMENT COMPRISING THREE LETTING UNITS

Sold After

Currently let at £15,000 per annum

A three storey house arranged as three letting units
situated in an established residential area. Each flat has been let under the terms of an Assured Shorthold Tenancy Agreement.

Ground Floor

Communal entrance hall.

Flat B/C

Ground Floor

Entrance, reception room, bedroom and stairs to lower ground floor.

Lower Ground Floor

Kitchen and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £500 per calendar month.

Flat D

Accessed via the common parts of Flats B & C.

Lower Ground Floor

Kitchen, living/bedroom and bathroom with W.C. Access to shared garden.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £470 per calendar month.

Flat A

First Floor

Living/bedroom, kitchen and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £280 per calendar month.

Outside

Communal/shared garden to rear.

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/