(Lot 1&2 are also available as a portfolio at a guide of £405,000* as a limited company. For enquires into purchasing Lot 1&2 as a portfolio please contact 0800 7555 888 or firstname.lastname@example.org)
Opportunity to purchase the FREEHOLD Property having Six 1 bed apartments, Newly Renovated.
Accommodation- A former old vicarage, an imposing detached residence, has been superbly converted into six single bedroom apartments with parking. Each residence offers lounge, kitchen, bathroom and bedroom of a very generous proportion with high ceilings to boot. The owners have maintained the property since it was converted to a very high standard with wiring, smoke alarms and heating systems done and conforming to all the legal requirements. All apartments have modern bathrooms and kitchens, and most have a neutral interior, with carpets, fixtures and fittings in a state of good repair. There are communal gardens to the rear and space for one car per apartment. This property presents a healthy return of investment with good quality tenants in place attracted by the quality of the property.
Achieving £2195.00pcm on rent with potential to achieve more.
Location- Property is ideally situated in a popular residential area close to all local amenities including schools, and benefits from excellent transport links to major ring roads.
Unconditional Sale- The Purchaser shall pay a 5% deposit (subject to a minimum of £5,000) upon the fall of the hammer. In addition a 3% Buyers Premium + VAT (Minimum Fee £2394 inc Vat) and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated). The Agent has not tested the utilities, appliances, or inspected the roof space. The floor plans and dimensions are for guidance only.