House For Sale £70,000
For sale by auction on Thursday, 09 Dec 2021 at 12:00
Venue: Online Auction Online Auction,
Residential investment - £8,700 pa income = 12.4% gross yield
A terraced property conveniently situated near the City centre which comprises two, self contained flats which are both let on Assured Shorthold Tenancies producing an income of £8,700 per annum which is a gross yield of 12.4% at the guide price.
Ground Floor Flat - let at £350 per month
Hall;
Sitting Room;
Kitchen;
Bedroom;
Bathroom.
First Floor Flat - let at £375 per month
nb We have not inspected this flat.
Viewing
Please telephone EPC Rating: E
Additional Fees
Administration Charge - £1200 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: Online Auction Online Auction,
Residential investment - £8,700 pa income = 12.4% gross yield
A terraced property conveniently situated near the City centre which comprises two, self contained flats which are both let on Assured Shorthold Tenancies producing an income of £8,700 per annum which is a gross yield of 12.4% at the guide price.
Ground Floor Flat - let at £350 per month
Hall;
Sitting Room;
Kitchen;
Bedroom;
Bathroom.
First Floor Flat - let at £375 per month
nb We have not inspected this flat.
Viewing
Please telephone EPC Rating: E
Additional Fees
Administration Charge - £1200 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.
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