House For Sale £140,000
- Auction Date: 26th & 27th March
- Two bedroom end terrace property
- Suitable for basic refurbishment and modernisation
- Currently let at £550 pcm (£6,600 pa)
- Potential rental income of £950 pcm (£11,400 pa)
- Oil central heating
- Village centre location
- Popular residential area
- Off street parking
- Freehold
Full description
•Online Auction Date: 26th & 27th March
•Guide Price: £140,000+
•Two bedroom end terrace
•Tenant in situ: £6,600 per annum
•Freehold
This end terrace property comprises spacious accommodation set over two storeys. The ground floor comprises a living room and kitchen with utility room. There is also a separate toilet with wash basin. To the first floor, there is a family bathroom with shower over bath and two good sized bedrooms.
Externally, there is a yard area to the rear providing off street parking. Behind this, there are brick-built storage sheds with pedestrian access leading across the yard, which serves neighbouring properties. The property also benefits from the option of off street parking within the vicinity.
Investment Analysis - The property is currently let at £550 per calendar month (£6,600 per annum). However, we expect that following a programme of refurbishment and modernisation a rental income of £950 per calendar month (£11,400 per annum) is achievable.
Tenure - Freehold.
Services - We understand the property has mains oil central heating, electricity, water and drainage, however, we recommend interest parties make their own enquiries.
Accommodation - Please note an inspection has not been undertaken.
Council Tax - The property is rated in council tax band A, council tax payable (2017/18) is £1,060 per annum.
Guide Price - £140,000+
Buyer’S Premium - 2% (min, £3,600) inc. VAT.
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