3 bed Flat For Sale £120,000
Property Investors & Landlords Christmas has come early! This Investors Christmas Cracker is a must-see with this High Yield Return Investment opportunity, a 3-bed top floor flat with tenants in situ, currently paying £750 per month. Plus the added benefit of access to a secure underground car park with communal parking allocated on a first-come-first-served basis.
The top floor flat can be accessed by the stairs or via a lift and briefly comprises an entrance hall with a large storage cupboard and one door leading to the second bedroom and the other to the main living/dining area. A balcony can be accessed from the living area with another door leading through to a second hallway. The kitchen is in good condition with an electric freestanding oven and hob, a range of floor and wall cupboards provide ample storage and another cupboard provides an area for a washing machine. Other rooms off the second hallway include the Bathroom with a bath, with an over-bath shower and a sink. The toilet is located separately next to the bathroom. The main bedroom has built-in wardrobes and windows overlooking the central communal area. Bedroom 3 is a small double and finally, bedroom 2 is a good-sized double. The whole flat is well appointed with a mixture of wood flooring and carpet, it is heated by gas central heating and has recently had new double glazed windows fitted.
The whole block has just benefitted from a new roof being installed and the flat will also have a new PVC front door installed as part of ongoing upgrade work to comply with updated fire regulations.
The property is located a short walk from the city centre, by Gloucester Cathederal, with great access to local shops, Gloucester docks and Gloucester Quays, Gloucester train station and bus station are also only a short walk away.
Don't miss out on this great investment opportunity, register your interest today!
Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers
solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price
including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything
you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation
Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they
will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral
arrangement and payment prior to any services being taken by you.
This property includes:
Additional Information:
Excellent Investment with Tenants in Situ, High Yield Returns
City Centre Location with secured parking
Subject to Reserve Price
Sold by Modern Auction (T&Cs Apply)
Buyer Fees Apply
Council Tax:
Band A
Energy Performance Certificate (EPC) Rating:
Band D (55-68)
Marketed by EweMove Sales & Lettings (Gloucester East) - Property Reference 41952
The top floor flat can be accessed by the stairs or via a lift and briefly comprises an entrance hall with a large storage cupboard and one door leading to the second bedroom and the other to the main living/dining area. A balcony can be accessed from the living area with another door leading through to a second hallway. The kitchen is in good condition with an electric freestanding oven and hob, a range of floor and wall cupboards provide ample storage and another cupboard provides an area for a washing machine. Other rooms off the second hallway include the Bathroom with a bath, with an over-bath shower and a sink. The toilet is located separately next to the bathroom. The main bedroom has built-in wardrobes and windows overlooking the central communal area. Bedroom 3 is a small double and finally, bedroom 2 is a good-sized double. The whole flat is well appointed with a mixture of wood flooring and carpet, it is heated by gas central heating and has recently had new double glazed windows fitted.
The whole block has just benefitted from a new roof being installed and the flat will also have a new PVC front door installed as part of ongoing upgrade work to comply with updated fire regulations.
The property is located a short walk from the city centre, by Gloucester Cathederal, with great access to local shops, Gloucester docks and Gloucester Quays, Gloucester train station and bus station are also only a short walk away.
Don't miss out on this great investment opportunity, register your interest today!
Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers
solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price
including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything
you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation
Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they
will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral
arrangement and payment prior to any services being taken by you.
This property includes:
- 01 - Hallway
- 02 - Living/Dining Room
5.56m x 5.09m (28.3 sqm) - 18' 2" x 16' 8" (305 sqft) - 03 - Kitchen
2.98m x 2.62m (7.8 sqm) - 9' 9" x 8' 7" (84 sqft) - 04 - Bathroom
2.1m x 1.68m (3.5 sqm) - 6' 10" x 5' 6" (37 sqft) - 05 - WC
2.1m x 0.89m (1.8 sqm) - 6' 10" x 2' 11" (20 sqft) - 06 - Bedroom 1
3.11m x 3.31m (10.2 sqm) - 10' 2" x 10' 10" (110 sqft) - 07 - Bedroom 2
2.04m x 3.31m (6.7 sqm) - 6' 8" x 10' 10" (72 sqft) - 08 - Bedroom 3
3.6m x 4.2m (15.1 sqm) - 11' 9" x 13' 9" (162 sqft) - 09 - Balcony
2.71m x 2.62m (7.1 sqm) - 8' 10" x 8' 7" (76 sqft) Please note, all dimensions are approximate / maximums and should not be relied upon for the purposes of floor coverings.
Additional Information:
Band A
Band D (55-68)
Marketed by EweMove Sales & Lettings (Gloucester East) - Property Reference 41952
