To be sold via unconditional TIMED ONLINE Auction on Tuesday 12th December 2023
(Visit auctionhouse.co.uk/online).
BIDDING OPENS: 13:00 on Monday 11th December2023
AUCTION ENDS: 13:00 on Tuesday 12th December2023
GUIDE PRICE: £200,000 to £225,000
Investment opportunity - tenanted mid terraced property with 3 let rooms and 1 vacant room, having 2 shower rooms and 1 en-suite shower room. Current rent payable £13,140 p.a. with an increase once fully let. Popular location close to Binley Road and Ball Hill.
ACCOMMODATION GROUND FLOOR
Hallway:
Room 1: 11 ft x 8 ft 4 in
Lounge: 12 ft x 11 ft 5 in
Kitchen: 10 ft 10 in x 7 ft 5 in
Shower room:
FIRST FLOOR
Room 2 with en-suite: 11 ft 6 in x 11 ft
Room 3: 12 ft 2 in max x 8 ft 4 in max
Room 4: 10 ft 1 in x 6 ft 11 in
Shower room:
OUTSIDE Garden to the rear.
EPC RATING - D
COUNCIL TAX BAND - A
TENURE Freehold subject to tenancies.
TENANCY INFORMATION Assured Shorthold Tenancy
Room 1:
Term: 6 months commencing 03/07/2023
Rent payable: £375p.c.m.
Room 2:
Term: 6 months commencing 09/02/2023 (now rolling)
Rent payable: £345 p.c.m.
Room 3:
Term: 6 months commencing 15/09/2023
Rent payable: £375 p.c.m.
Room 4:
Term: 6 months commencing 19/05/2023 (Notice given to vacate 18/11/2023)
Rent payable: £360 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.