Property description
For sale by In-room auction on 19-09-2024 at 06:30 PM.To register for legal packs and bidding instructions please visit our website.Tenanted investment opportunity. Detached property over 3 floors. Consisting of 2 x studios, 4 x 1 bedroom flats and 1 x 2/3 bedroom flat. All benefit from separate meters and communal parking. Located in a popular residential area, approximately 2 miles to George Eliot Hospital. Current rent payable £39,300 p.a.ACCOMMODATION
GROUND FLOOR
Flat 4
Lounge/Kitchen/Bedroom: 24 ft 9 in max x 10 ft 11 in
Bathroom:
Flat 7
Lounge/Kitchen/Bedroom: 19 ft 4 in x 8 ft
Shower room:
Yard
MAIN BUILDING
GROUND FLOOR
Flat 5
Lounge/Kitchen: 17 ft 10 in x 15 ft 7 in max
Bedroom: 11 ft 2 in x 9 ft 8 in max
Shower room:
Flat 6
Lounge/Kitchen: 27 ft 5 in max x 13 ft 9 in
Bedroom: 14 ft max x 10 ft 3 in
Shower room:
Yard:
FIRST FLOOR
Store room:
Flat 1
Lounge/Kitchen: 16 ft 3 in x 16 ft 2 in
Bedroom: 13 ft 2 in x 9 ft
Bathroom:
Flat 2
Lounge/Kitchen: 13 ft 11 in x 10 ft 11 in
Bedroom: 10 ft 10 in x 10 ft
Bathroom:
SECOND FLOOR
Hallway:
Flat 3
Lounge: 18 ft 3 x 15 ft 4
Dining area: 13 ft 2 in x 12 ft 10 in
Kitchen area: 12 ft 8 in x 12 ft 1 in
Bedroom 1: 12 ft 11 in x 11 ft 1 in
W.C.
Shower room:
Bedroom 2: 11 ft 6 in x 8 ft 10 in
OUTSIDE
Communal parking.
Flat 6 : Yard.
Flat 7: Yard.SERVICES
Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)EPC RATING
Flats 1, 4, 5, 6, 7 - E
Flats 2, 3 - DCOUNCIL TAX BAND
All flats are band ATENURE
Freehold subject to tenancies.TENANCIES
Flat 1 - Assured Shorthold Tenancy
Term: 6 months from 06/10/2022 (now rolling
Rent payable: £475 p.c.m.
Flat 2 - Assured Shorthold Tenancy
Term: 6 months from 24/04/2023 (now rolling)
Rent payable: £450 p.c.m.
Flat 3 - Assured Shorthold Tenancy
Term: 6 months from 12/10//2022 (now rolling)
Rent payable: £600 p.c.m.
Flat 4 - Assured Shorthold Tenancy
Term: 6 months from 6/06/2024
Rent payable: £400 p.c.m.
Flat 5 - Assured Shorthold Tenancy
Term: 6 months 30/05/2024
Rent payable: £500 p.c.m.
Flat 6 - Assured Shorthold Tenancy
Term: 6 months from 10/01/2024
Rent payable: £450 p.c.m.
Flat 7 - Assured Shorthold Tenancy
Term: 6 months 13/08/2024
Rent payable: £400 p.c.mFurther InfoLocal Authority: Tenure: Council Tax: TBCCurrent Yield: 9%Rent PCM: £3,275.00Additional FeesBuyers Premium: £1200.00 inc VAT, payable on exchange of contracts.Administration Charge: £1650.00 inc VAT, payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.Important Notice to Prospective Buyers:We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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