Auction Commencing on Monday 24th November at 1pm and ending 24 hours later on Tuesday 25th November at 1pm with Auction House South Yorkshire
Please register to bid via our website - auctionhouse.co.uk/southyorkshireBLOCK FREEHOLD AND X 2 ONE BEDROOM FLATS IN GOLDTHORPE ON ONE TITLE!
FREEHOLD COMES WITH COURTYARD LAND WITH PRTNEITAL FOR DEVELOPMENT
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An excellent investment opportunity to purchase the freehold title of this end terraced property and TWO one bedroom apartments. The freehold comes with associated land and courtyard offering excellent development potential.
Flat 1 is currently vacant and is in need of remedial work to get to a lettable standard
Flat 2 is tenanted and generating regular rental income currently at £425pcm
Both flats present excellent buy-to-let potential, with scope to increase the rent to £450 per calendar month each, giving a combined rental income of £900 per month. (£10,000 annually).
Each apartment benefits from a lounge, fitted kitchen, double bedroom, and bathroom, accessed via a communal entrance and shared hallway. The property is situated on Doncaster Road in Goldthorpe, an area with strong rental demand and excellent transport links. Goldthorpe railway station provides easy access to Rotherham, Barnsley, and Leeds, making this an ideal location for commuters.
This opportunity would suit Investors looking for a ready made addition to their rental portfolio.
Tenure: LeaseholdEPC Rating: C & DAdministration Fee: £3600 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.
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