House For Sale £120,000
For sale by auction on Wednesday, 08 Feb 2023 at 11:00
Venue: Livestream Auction
Pair of tenanted houses currently let producing a joint income of £11,400
A two bedroom town house with an adjoining self contained one bedroom dwelling both currently on one title but with potential to be split, subject to planning permission. They are both currently let on individual AST's producing a joint income of £11,400 pa. Potential exists to raise the rent to market rates.
The properties currently share the parking and gardens but are otherwise self contained. Newsons Meadow is located close to the Lowestoft Sixth Form College and within a short distance to the Town Centre Shops and other Community Facilities.
33 Newsons Meadow
Ground Floor: Hall, lounge, kitchen, bathroom.
First Floor: Landing, 2 bedrooms.
31a Newsons Meadow
Ground Floor: Hall, cloakroom, kitchen, lounge.
First Floor: Landing, bedroom.
Outside
Front parking area, generous rear garden currently shared.
Council Tax Bands
A
EPC Rating: C
Additional Fees
Buyers Premium: £600 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £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: Livestream Auction
Pair of tenanted houses currently let producing a joint income of £11,400
A two bedroom town house with an adjoining self contained one bedroom dwelling both currently on one title but with potential to be split, subject to planning permission. They are both currently let on individual AST's producing a joint income of £11,400 pa. Potential exists to raise the rent to market rates.
The properties currently share the parking and gardens but are otherwise self contained. Newsons Meadow is located close to the Lowestoft Sixth Form College and within a short distance to the Town Centre Shops and other Community Facilities.
33 Newsons Meadow
Ground Floor: Hall, lounge, kitchen, bathroom.
First Floor: Landing, 2 bedrooms.
31a Newsons Meadow
Ground Floor: Hall, cloakroom, kitchen, lounge.
First Floor: Landing, bedroom.
Outside
Front parking area, generous rear garden currently shared.
Council Tax Bands
A
EPC Rating: C
Additional Fees
Buyers Premium: £600 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £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.
