House For Sale £60,000
For sale by auction on Wednesday, 28 Jul 2021 at 11:00
Venue: Livestream Auction
Residential investment comprising a let terrace house on a regulated tenancy producing £5,252 pa
This three bedroom mid terrace house is let on a regulated tenancy to a long established tenant who has been in occupation for many years. The current passing rent is £101 per week. The property does not have central heating, however is mostly double glazed. Remedial work is required in the sitting room and there is a recent quote of £1,390 plus VAT to rectify this.
The house is located close to the town centre near a range of services and amenities.
This would appeal to a long term investor.
Ground Floor
Sitting room, dining room, kitchen, bathroom, utility
First Floor
Three bedrooms (third through second)
Outside
Small front area, mature rear garden, wooden shed.
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
Residential investment comprising a let terrace house on a regulated tenancy producing £5,252 pa
This three bedroom mid terrace house is let on a regulated tenancy to a long established tenant who has been in occupation for many years. The current passing rent is £101 per week. The property does not have central heating, however is mostly double glazed. Remedial work is required in the sitting room and there is a recent quote of £1,390 plus VAT to rectify this.
The house is located close to the town centre near a range of services and amenities.
This would appeal to a long term investor.
Ground Floor
Sitting room, dining room, kitchen, bathroom, utility
First Floor
Three bedrooms (third through second)
Outside
Small front area, mature rear garden, wooden shed.
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
