House For Sale £70,000
SOLD BY ONLINE AUCTION ON THURSDAY 13TH APRIL 2023 FOR £73,000.
A traditional terraced house let on Contractual Periodic Tenancy, producing an immediate income stream. Ready made Buy To Let opportunity.
Description And Situation - An excellent opportunity for the prudent investor to purchase a traditional terraced house let under what has become a Contractual Periodic Tenancy producing an immediate income stream.
The property is situated within an established, residential location in a cul de sac setting and lies within easy walking distance of the town centre with all of its facilities.
The property is occupied by a Tenant who took up occupation on the 17th April 2017. The Tenants are maintaining the property in a responsible manner and W A Barnes LLP Chartered Surveyors would be delighted to retain the management of the property when it is sold. The property is Let at £485 per calendar month exclusive (last reviewed on the 19th March 2022).
The property is in an area where Compulsory Selective Licensing by Landlords is required and it is envisage that this will ultimately enhance the area with potential for capital growth. A Licence has been granted to the seller.
Accommodation - The main accommodation with approximate room sizes briefly comprises:
Lounge - 3.57 x 3.83 (11'8" x 12'6") - Cast iron Victorian style fireplace. Double glazed window and central heating radiator.
Lobby - With under stairs storage cupboard.
Dining Room - 3.53 x 3.85 (11'6" x 12'7") - Double glazed window and central heating radiator.
Kitchen - 3.42 x 1.9 (11'2" x 6'2") - Equipped with a range of fittings including a stainless steel single drainer sink unit plus plumbing for washer, double glazed window, central heating radiator and door to rear yard.
First Floor -
Landing -
Bedroom - 3.57 x 3.84 (11'8" x 12'7") - Cast iron Victorian fireplace. Double glazed window and central heating radiator.
Bedroom - 3.65 x 3.88 (11'11" x 12'8") - Double glazed window and central heating radiator.
Bedroom - 2.11 x 2.54 (6'11" x 8'3") - Double glazed window and central heating radiator.
Bathroom/Wc - 2.97 x 1.68 (9'8" x 5'6") - Equipped with a bath with electric shower above, wash hand basin, WC, double glazed window and central heating radiator.
Outside - To the front of the property there is a shallow forecourt set behind a brick built wall. The rear gardens comprise a paved patio along with lawns and there is an integral store.
Tenure - Freehold subject to existing tenancy.
Services - All main services are available and connected. Drainage is to the main sewer.
Council Tax Band - A -
Viewing - Strictly by prior telephone appointment by the Sole Auctioneers.
Method Of Sale - The property will be sold by Online Auction (unless sold previously by Private Treaty). Full information regarding the Online Auction process is available on our website . In order to bid on this Lot interested parties must follow the registration procedures.
Interested parties should note that our On Line Auctions are Traditional Auctions (not to be confused with "Modern Method of Auctioneering"). The fall of the hammer creates a binding contract. There is no reservation fee payable on the part of the buyer.
Guide Price - The property will be sold by Online Auction (unless sold previously by Private Treaty). Full information regarding the Online Auction process is available on our website . In order to bid on this Lot interested parties must follow the registration procedures.
Interested parties should note that our On Line Auctions are Traditional Auctions (not to be confused with "Modern Method of Auctioneering"). The fall of the hammer creates a binding contract. There is no reservation fee payable on the part of the buyer.
Reserve Price - This is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
A traditional terraced house let on Contractual Periodic Tenancy, producing an immediate income stream. Ready made Buy To Let opportunity.
Description And Situation - An excellent opportunity for the prudent investor to purchase a traditional terraced house let under what has become a Contractual Periodic Tenancy producing an immediate income stream.
The property is situated within an established, residential location in a cul de sac setting and lies within easy walking distance of the town centre with all of its facilities.
The property is occupied by a Tenant who took up occupation on the 17th April 2017. The Tenants are maintaining the property in a responsible manner and W A Barnes LLP Chartered Surveyors would be delighted to retain the management of the property when it is sold. The property is Let at £485 per calendar month exclusive (last reviewed on the 19th March 2022).
The property is in an area where Compulsory Selective Licensing by Landlords is required and it is envisage that this will ultimately enhance the area with potential for capital growth. A Licence has been granted to the seller.
Accommodation - The main accommodation with approximate room sizes briefly comprises:
Lounge - 3.57 x 3.83 (11'8" x 12'6") - Cast iron Victorian style fireplace. Double glazed window and central heating radiator.
Lobby - With under stairs storage cupboard.
Dining Room - 3.53 x 3.85 (11'6" x 12'7") - Double glazed window and central heating radiator.
Kitchen - 3.42 x 1.9 (11'2" x 6'2") - Equipped with a range of fittings including a stainless steel single drainer sink unit plus plumbing for washer, double glazed window, central heating radiator and door to rear yard.
First Floor -
Landing -
Bedroom - 3.57 x 3.84 (11'8" x 12'7") - Cast iron Victorian fireplace. Double glazed window and central heating radiator.
Bedroom - 3.65 x 3.88 (11'11" x 12'8") - Double glazed window and central heating radiator.
Bedroom - 2.11 x 2.54 (6'11" x 8'3") - Double glazed window and central heating radiator.
Bathroom/Wc - 2.97 x 1.68 (9'8" x 5'6") - Equipped with a bath with electric shower above, wash hand basin, WC, double glazed window and central heating radiator.
Outside - To the front of the property there is a shallow forecourt set behind a brick built wall. The rear gardens comprise a paved patio along with lawns and there is an integral store.
Tenure - Freehold subject to existing tenancy.
Services - All main services are available and connected. Drainage is to the main sewer.
Council Tax Band - A -
Viewing - Strictly by prior telephone appointment by the Sole Auctioneers.
Method Of Sale - The property will be sold by Online Auction (unless sold previously by Private Treaty). Full information regarding the Online Auction process is available on our website . In order to bid on this Lot interested parties must follow the registration procedures.
Interested parties should note that our On Line Auctions are Traditional Auctions (not to be confused with "Modern Method of Auctioneering"). The fall of the hammer creates a binding contract. There is no reservation fee payable on the part of the buyer.
Guide Price - The property will be sold by Online Auction (unless sold previously by Private Treaty). Full information regarding the Online Auction process is available on our website . In order to bid on this Lot interested parties must follow the registration procedures.
Interested parties should note that our On Line Auctions are Traditional Auctions (not to be confused with "Modern Method of Auctioneering"). The fall of the hammer creates a binding contract. There is no reservation fee payable on the part of the buyer.
Reserve Price - This is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
