3 bedroom maisonette for sale

Guide Price £380,000 Plus Fees
For sale by unconditional online auction, registration is now open. Bidding opens on 30/04/2025 09:00 and ends on 30/04/2025 10:06.

For sale by online auction on 30 April 2025
Investment Opportunity
Converted Semi Detached
Currently 2 x Maisonettes
Net Rental Income £2900 pcm
Can Be Sold Tenanted or Vacant
Off Street Parking - 2 Vehicles
Quiet Cul-De-Sac Location

* Empty or tenanted opportunity * Offering an 9% yield at guide price, this is an outstanding investment opportunity featuring two, well appointed, modern maisonettes in a converted, semi detached property with off street parking for 2 vehicles, perfectly situated in the a quiet cul-de-sac, just a short walk from the picturesque Fairlands Valley Lakes.

These one and two bed properties are currently tenanted but can be sold either vacant or with a guaranteed rent contract for £2900 (£1200 and £1700 respectively), offering flexibility for a buyer. Please note that the £2900 is a net figure as management fees, bills and maintenance are included within, making this an excellent investment.

Tenure
Freehold

Terms

Legal Pack

To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + 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 in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.

Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.