House For Sale £150,000
Kempston, Bedford MK42

This detached property has been converted by its current owner to provide letting accommodation which comprises six x studio flats, four in the main property and two in the annex. To the front of property is a small walled garden with a driveway to the side leading to a courtyard area with access to the two studios in the annexe and a communal laundry room. At present studios 1 & 6 are tenanted providing incomes of £650pcm and £540pcm, the remaining four studios require some refurbishment prior to letting.

The property was purchased by the current owner in 2006 and in 2008 the layout was reconfigured to provide the four studio flats in the main house with a further two in the annexe. We understand that the works at that time were completed without any necessary planning consents.

Tenure:
Freehold

Accommodation:
Accommodation - Main House:
Ground Floor: Two x studio apartments and communal laundry.
First Floor: Two x studio apartments

Accommodation - Annex:
Two x studio apartments.

Tenancy:
Studio 1: The property is subject to an Assured Shorthold Tenancy producing £650 per calendar month.
Studio 2: Vacant.
Studio 3: Vacant.
Studio 4: Vacant.
Studio 5: Vacant.
Studio 6: The property is subject to an Assured Shorthold Tenancy producing £540 per calendar month.

Council Tax Band:
C

Viewings:
We will be holding open house viewings at the end of March. As soon as the dates and times have been set we will let everyone know who has registered for the legal pack via e-mail and they will also be published on our website.

* The auction is being held at the Delta Marriott Hotel Timbold Drive, Milton Keynes MK7 6HL on Wednesday 17th April 2024 and will start at 12:00; it is a public auction so you can just turn up on the day you do not need to pre-register.

You can also register for telephone/proxy/internet bidding online from the 8th April 2024 by following the link below and clicking on the blue box “Register to Bid”: *

EPC Rating:
D

VAT:
VAT is not applicable

Sellers Solicitor:
Palmers Solicitors
Ref: Yagnesh Shah
Hassett House, Hassett Street, Bedford, MK40 1HA
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Local Authority:
Bedford Borough Council -[use Contact Agent Button]

Buyers Premium:
There is no Buyer's Premium payable on this lot.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Administration Charge:
Purchasers will be required to pay an administration fee of £1,500 incl. VAT.