4 bed Flat For Sale £200,000
For sale by online auction on Tuesday, 09 Aug 2022 ending at 13:28
for sale via national online auction. Bidding opens on Monday 8th August and closes on Tuesday 9th August from 1PM. Register to bid!
Auction House Wales are delighted to welcome to the market this block of flats on the outskirts of Holywell, North Wales.
This listing provides a fantastic opportunity to purchase X4 one bedroom flats with 3 currently occupied with tenants in situ providing an immediate return. Furthermore, each flat benefits from a parking space to the front of each entrance door and the two ground floor flats boast outdoor space with possible individual access points; including a side passageway which is tastefully utilised as a lean-to storage passage.
It must be noted, the extension to the rear (Subject to drawings etc) can be utilised to create extra bedrooms for multiple flats, really maximising the footprint of each which of course would potentially increase your return. Simply put, you really need to get yourselves through the door to fully appreciate the scale of the property on offer.
Currently income sits at £1,185 pcm with only three of the four flats tenanted. The fourth owner occupied apartment (Vacant possession) offering a potential to achieve £495PCM with potential rent increases achievable on 2 of the occupied flats.
All said, if the rent increases came into play and the vacant possession apartment let out, you could potentially achieve an income of £1900 pcm generating a potential yield of 8.5-9.5%.
Council Tax Band: B (Flintshire)
EPC Rating: See Legal Pack
Lot Type
Residential Investments
Additional Fees
Buyers Premium: £1,200.00 including VAT payable on the fall of the Virtual Gavel
Administration Charge - £1,200.00 including VAT payable on the fall of the Virtual Gavel
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.
for sale via national online auction. Bidding opens on Monday 8th August and closes on Tuesday 9th August from 1PM. Register to bid!
Auction House Wales are delighted to welcome to the market this block of flats on the outskirts of Holywell, North Wales.
This listing provides a fantastic opportunity to purchase X4 one bedroom flats with 3 currently occupied with tenants in situ providing an immediate return. Furthermore, each flat benefits from a parking space to the front of each entrance door and the two ground floor flats boast outdoor space with possible individual access points; including a side passageway which is tastefully utilised as a lean-to storage passage.
It must be noted, the extension to the rear (Subject to drawings etc) can be utilised to create extra bedrooms for multiple flats, really maximising the footprint of each which of course would potentially increase your return. Simply put, you really need to get yourselves through the door to fully appreciate the scale of the property on offer.
Currently income sits at £1,185 pcm with only three of the four flats tenanted. The fourth owner occupied apartment (Vacant possession) offering a potential to achieve £495PCM with potential rent increases achievable on 2 of the occupied flats.
All said, if the rent increases came into play and the vacant possession apartment let out, you could potentially achieve an income of £1900 pcm generating a potential yield of 8.5-9.5%.
Council Tax Band: B (Flintshire)
EPC Rating: See Legal Pack
Lot Type
Residential Investments
Additional Fees
Buyers Premium: £1,200.00 including VAT payable on the fall of the Virtual Gavel
Administration Charge - £1,200.00 including VAT payable on the fall of the Virtual Gavel
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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