Offered for sale through the Modern Method Of Action (Terms and Conditions Apply). Please visit for full details.Investment Opportunity – Pair of Self-Contained Flats with FreeholdA rare opportunity to acquire a pair of self-contained flats with freehold ownership, offering an excellent investment prospect with a potential gross rental yield exceeding 10%.Ground Floor Flat:This well-presented one-bedroom flat features a spacious double bedroom, a generous reception room, and a modern refitted kitchen and bathroom with shower over bath. The property benefits from gas central heating via a combi boiler, double glazing throughout, and newly laid flooring in all main rooms. Private front and rear access is provided, along with off-street parking to the rear. First Floor Flat:The upper flat comprises two bedrooms, a bright and spacious reception room with open-plan access to the kitchen, a front entrance hall with stairs to the first-floor landing, and a rear hallway leading to the bathroom and external stairs down to the rear yard, which also provides off-road parking. Cosmetic updating requiredAdditional Benefits:Sold with the freehold to the buildingBoth flats included in the saleIdeal location close to local shops, schools, and amenities with regular bus services nearby and just 2 miles from the City Centre and mainline Railway Station, enhancing the attractiveness for potential tenants.This is a superb opportunity for buy-to-let investors seeking strong rental returns in a well-connected and popular residential location.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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