House For Sale £230,000
Summary
auction sale 15 September 2022 - > to be sold by public auction > Split level end terrace property arranged as 2 x 2 bed flats > Let at £13,200 pa – potential to increase rental income > Excellent speculative or investment purchase > guide price £230,000 plus
description
This split level end of terrace house is perfectly positioned for access to the main harbour area of central Weymouth along with immediate access to Asda and the surrounding amenities. Central Weymouth and the picturesque harbour are both just a short walk away along with sandy beaches, amenities and public transport facilities.
Both properties are currently let on AST agreements at £550 pcm each (£13,200 pa) with the tenants liable for all bills. Both flats have been let for many years, however the current rents would now be considered below market rent and have the scope to improve subject to new tenancy agreements, to around £1,500 pcm (£18,000 pa). Copies of the tenancy agreements will be included in the legal pack and all potential buyers are advised to satisfy any enquiries regarding the status of the tenancies and
potential future rents, prior to bidding.
Tenancy Details
Both properties are currently let on AST agreements at £550 pcm each (£13,200 pa) with the tenants liable for all bills. Both flats have been let for many years, however the current rents would now be considered below market rent and have the scope to improve subject to new tenancy agreements, to around £1,500 pcm (£18,000 pa). Copies of the tenancy agreements will be included in the legal pack and all potential buyers are advised to satisfy any enquiries regarding the status of the tenancies and
potential future rents, prior to bidding.
Ground Floor (flat 6b)
Steps down from entrance level to Entrance Hallway, Bedroom One, Lounge, Bedroom Two, Bathroom, Stairs to Lower Floor area and access to Kitchen with door to courtyard garden area.
First Floor (flat 6a)
Entrance Hallway, Lounge/Bedroom, Kitchen, Separate WC, Stairs to First Floor Landing, Bathroom, Bedroom One, Bedroom Two.
Outside
The property enjoys a courtyard garden to the rear with additional land to the side which may offer potential to extend or improve further amenity space for the current building.
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 15 September 2022 - > to be sold by public auction > Split level end terrace property arranged as 2 x 2 bed flats > Let at £13,200 pa – potential to increase rental income > Excellent speculative or investment purchase > guide price £230,000 plus
description
This split level end of terrace house is perfectly positioned for access to the main harbour area of central Weymouth along with immediate access to Asda and the surrounding amenities. Central Weymouth and the picturesque harbour are both just a short walk away along with sandy beaches, amenities and public transport facilities.
Both properties are currently let on AST agreements at £550 pcm each (£13,200 pa) with the tenants liable for all bills. Both flats have been let for many years, however the current rents would now be considered below market rent and have the scope to improve subject to new tenancy agreements, to around £1,500 pcm (£18,000 pa). Copies of the tenancy agreements will be included in the legal pack and all potential buyers are advised to satisfy any enquiries regarding the status of the tenancies and
potential future rents, prior to bidding.
Tenancy Details
Both properties are currently let on AST agreements at £550 pcm each (£13,200 pa) with the tenants liable for all bills. Both flats have been let for many years, however the current rents would now be considered below market rent and have the scope to improve subject to new tenancy agreements, to around £1,500 pcm (£18,000 pa). Copies of the tenancy agreements will be included in the legal pack and all potential buyers are advised to satisfy any enquiries regarding the status of the tenancies and
potential future rents, prior to bidding.
Ground Floor (flat 6b)
Steps down from entrance level to Entrance Hallway, Bedroom One, Lounge, Bedroom Two, Bathroom, Stairs to Lower Floor area and access to Kitchen with door to courtyard garden area.
First Floor (flat 6a)
Entrance Hallway, Lounge/Bedroom, Kitchen, Separate WC, Stairs to First Floor Landing, Bathroom, Bedroom One, Bedroom Two.
Outside
The property enjoys a courtyard garden to the rear with additional land to the side which may offer potential to extend or improve further amenity space for the current building.
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.
