**livestream, online auction**
To be sold via unconditional online Auction on Tuesday 7th September 2021 at 6:30 pm
To view legal pack and to register to bid please visit our website
guide price: £56,000 to £66,000
This will be a Livestream auction. Bidding will be available by either telephone or online bidding. If you wish to bid, please follow the link below to register online.
1 bedroom tenanted investment. 2nd floor leasehold flat, current rent payable £5,700 p.a. Located within 1/4 mile of City Centre. Circa 8% yield.
Accommodation
Second floor
Hallway:
Lounge: 15 ft 11 in x 12 ft 2 in max
Kitchen: 12 ft 8 in x 5 in
Bathroom:
Bedroom: 12 ft 6 in max x 10 ft 10 in
EPC Rating - D
Outside
Communal paved area.
Tenure
Leasehold subject to tenancy.
Term: New Lease. 99 years.
Ground rent: £100 p.a.
Service charge: £200 p.q.
Tenancy
Assured Shorthold Tenancy
Term: 6 months from 6th February 2016 (now rolling)
Rent payable: £475 p.c.m.
Additional Costs
Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.