We are pleased to bring to you another high-yielding investment in Liversedge, West Yorkshire, consisting of a freehold block of 4 x 1bed flats. The property has been converted to a good standard with no major works required and is currently partly tenanted.
Currently two flats are tenanted with each tenant paying £450 pcm (inclusive of utility bills). Each flat has its own separate council tax bills to pay. All flats have a plan lounge and kitchen area with sepaate bedroom & bathroom
On full occupancy, with each tenant paying £45 PCM (inclusive of utilities – electric and water there is no gas in the property) we would expect the annual gross rental income to be £21,600
Special Conditions of Seller
No apportionments of rents for the month in which we complete
Any utilities owed at completion will be payable by the new owner.
the buyers will pay the seller’s costs and expenses associated with the auction
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 £3594 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.