This large double fronted four bedroom terrace in Beeston would suit the buy to let landlord looking for a strong return. The tenancy agreement has the rent down as £850 per calendar month. The managing agent has advised us that the current payments being received total £797 per month.Therefore, the total annual income stands at £9,563 per annum which equates to a return of more than 11% based on the guide price. Internally, there are four double bedrooms, dining kitchen, a recently improved bathroom, central heating and double glazing. The property also has two large rooms at the basement level which has it's own access from the front yard. The property is located in the Selective Licensing area of Beeston.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Accommodation
Lower Ground Floor
Two stores
Ground Floor
Dining/Kitchen, Living room
First Floor
Two bedroom, bathroom
Second Floor
Two bedroom
Charges And Payments
In addition to the deposit
Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.
Search Fees: £240 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
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.