House For Sale £50,000
For sale by auction on Wednesday, 27 Oct 2021 at 14:00
Venue: Live stream www.AuctionHouse.Online,
A two bedroom detached timber framed bungalow currently let on A 12 month AST with A rent payable of £5,400.00 p.a. Thus generating A yield of 10.8% if bought at guide
Sitting on a plot of approximately 870Sq Ft (81Sq m) the property is let on a 12 month AST from 23rd October 2020 until 30th April 2021 thus currently rolling over with a rent payable of £450.00 per month.
Accommodation
Lounge/Kitchen/Diner: 15'1" x 13'1" (4.61m x 4.01m)
Bedroom 1: 12'11" x 6'1" (3.95m x 1.87m)
Bedroom 2: 7'7" x 6'2" (2.2m x 1.89m)
Shower Room
exterior
The property has a small front garden and access to the private rear garden can be gained from either side of the property.
Location
Jaywick is a coastal village in the Tendring district of Essex, 2 miles west of Clacton-on-Sea. It lies on the North Sea coast of England, 60 miles from London and 17 miles from Colchester. The property is situated on the Brooklands Estate and is less than 100 yards to the North of Jaywick Sands beach
viewing
Strictly by appointment with the Auctioneer Tel: EPC Rating: D
Additional Fees
Buyers Premium: £1800 inc VAT payable on exchange of contracts.
Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 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: Live stream www.AuctionHouse.Online,
A two bedroom detached timber framed bungalow currently let on A 12 month AST with A rent payable of £5,400.00 p.a. Thus generating A yield of 10.8% if bought at guide
Sitting on a plot of approximately 870Sq Ft (81Sq m) the property is let on a 12 month AST from 23rd October 2020 until 30th April 2021 thus currently rolling over with a rent payable of £450.00 per month.
Accommodation
Lounge/Kitchen/Diner: 15'1" x 13'1" (4.61m x 4.01m)
Bedroom 1: 12'11" x 6'1" (3.95m x 1.87m)
Bedroom 2: 7'7" x 6'2" (2.2m x 1.89m)
Shower Room
exterior
The property has a small front garden and access to the private rear garden can be gained from either side of the property.
Location
Jaywick is a coastal village in the Tendring district of Essex, 2 miles west of Clacton-on-Sea. It lies on the North Sea coast of England, 60 miles from London and 17 miles from Colchester. The property is situated on the Brooklands Estate and is less than 100 yards to the North of Jaywick Sands beach
viewing
Strictly by appointment with the Auctioneer Tel: EPC Rating: D
Additional Fees
Buyers Premium: £1800 inc VAT payable on exchange of contracts.
Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 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.
