House For Sale £100,000
For sale by auction on Thursday, 15 Dec 2022 at 12:00
Venue: Live Stream
Freehold Property Loosely Arranged as Three Flats
Situated within an extremely central location just off North Hill and close to Plymouth University, Mutley Plain, the train station and Plymouth city centre is this freehold three storey property requiring renovation work throughout and is currently loosely arranged as three flats.
The accommodation currently comprises of two one-bedroom self-contained flats (on the ground floor and the second floor) whilst to the first floor there is a one-bedroom split level flat. The ground floor flat is currently vacant whilst the other two are both let on AST agreements and producing a gross income of £8,064 per annum (Flat 2 £90 per week & Flat 3 £78 per week) although the current owner pays water and gas. There is potential for this to increase once renovation works have been carried out and the property is fully occupied.
The accommodation briefly comprises on the ground floor of a communal entrance hall, sitting room with double doors to the bedroom, kitchen/diner and a shower room with separate WC. There is also access to a rear courtyard.
To the first floor, there is a sitting room, one double bedroom, kitchen/diner and a shower room. On the second floor there is a sitting room with kitchen area, double bedroom and a shower room.
Auctioneers note
The property currently has two tenants in situ on AST agreements. Further information can be obtained within the legal pack which is available to download free of charge.
Viewings
Regular viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West T: To request a viewing
notice to bidder
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale
EPC Rating: Flat 1 - E, Flat 2 - E, Flat 3 - E
Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.
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.
Venue: Live Stream
Freehold Property Loosely Arranged as Three Flats
Situated within an extremely central location just off North Hill and close to Plymouth University, Mutley Plain, the train station and Plymouth city centre is this freehold three storey property requiring renovation work throughout and is currently loosely arranged as three flats.
The accommodation currently comprises of two one-bedroom self-contained flats (on the ground floor and the second floor) whilst to the first floor there is a one-bedroom split level flat. The ground floor flat is currently vacant whilst the other two are both let on AST agreements and producing a gross income of £8,064 per annum (Flat 2 £90 per week & Flat 3 £78 per week) although the current owner pays water and gas. There is potential for this to increase once renovation works have been carried out and the property is fully occupied.
The accommodation briefly comprises on the ground floor of a communal entrance hall, sitting room with double doors to the bedroom, kitchen/diner and a shower room with separate WC. There is also access to a rear courtyard.
To the first floor, there is a sitting room, one double bedroom, kitchen/diner and a shower room. On the second floor there is a sitting room with kitchen area, double bedroom and a shower room.
Auctioneers note
The property currently has two tenants in situ on AST agreements. Further information can be obtained within the legal pack which is available to download free of charge.
Viewings
Regular viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West T: To request a viewing
notice to bidder
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale
EPC Rating: Flat 1 - E, Flat 2 - E, Flat 3 - E
Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.
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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