4 bed Flat For Sale £200,000
Summary
auction sale 15th September 2022 - for sale via William H Brown auctions in association with barnard marcus auctions! A block of two apartments, centrally located within Mildenhall!
Description
Investment opportunity to purchase two, 2 bedroom flats both currently let on AST’s. The two flats make up the one building and are both set over two floors. Flat 6 is in good condition throughout and flat 6a is in need of some refurbishment. They are both currently let at £575 and £675 respectively producing a monthly income of £1,250 and an annual income of £15,000. The property is to be sold with the tenants in situ.
Accommodation:
Flat 6: Communal Entrance Hall, Bathroom, Kitchen, Living Room, 2 Bedrooms (circa 387 sq. Ft)
Flat 6a: Communal Entrance Hall, Shower Room, Kitchen, Living Room, 2 Bedrooms, Courtyard Garden (circa 390 sq. Ft)
Location:
Mildenhall is a market town known nationally for the nearby usaf Air Base. Mildenhall offers a good range of shops, pubs, takeaways and leisure services. Approximately two miles from the A11 offering direct access to nearby towns as Newmarket, Norwich City and further afield.
Epc:
E
Tenure:
Freehold
Viewings:
Via William H Brown, Mildenhall on Agents Note:
For each Lot, a contract documentation fee of £1,250 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
auction sale 15th September 2022 - for sale via William H Brown auctions in association with barnard marcus auctions! A block of two apartments, centrally located within Mildenhall!
Description
Investment opportunity to purchase two, 2 bedroom flats both currently let on AST’s. The two flats make up the one building and are both set over two floors. Flat 6 is in good condition throughout and flat 6a is in need of some refurbishment. They are both currently let at £575 and £675 respectively producing a monthly income of £1,250 and an annual income of £15,000. The property is to be sold with the tenants in situ.
Accommodation:
Flat 6: Communal Entrance Hall, Bathroom, Kitchen, Living Room, 2 Bedrooms (circa 387 sq. Ft)
Flat 6a: Communal Entrance Hall, Shower Room, Kitchen, Living Room, 2 Bedrooms, Courtyard Garden (circa 390 sq. Ft)
Location:
Mildenhall is a market town known nationally for the nearby usaf Air Base. Mildenhall offers a good range of shops, pubs, takeaways and leisure services. Approximately two miles from the A11 offering direct access to nearby towns as Newmarket, Norwich City and further afield.
Epc:
E
Tenure:
Freehold
Viewings:
Via William H Brown, Mildenhall on Agents Note:
For each Lot, a contract documentation fee of £1,250 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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