FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 28TH FEBRUARY 2024 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE
BUY TO LET INVESTMENT: A LEASEHOLD TWO BEDROOM GROUND FLOOR FLAT CURRENTLY LET AND PRODUCING AN INCOME OF £8,700 PER ANNUM
A two bedroom ground floor flat with residents parking and patio doors from the lounge that lead to large and well maintained communal gardens. The flat is currently let to a retired couple on an assured shorthold basis for £725 per month (£8,700 per annum). A yield of just under 8% of the guide price.
Hallway
Lounge: 13'7" x 12'
Kitchen: 9'6" x 5'9"
Bedroom One: 10'6" x 8'5"
Bedroom Two: 13' x 5'8"
Bathroom: 7'5" x 6'7"
The lease term is 999 years from 1st January 1994.
The property is let on an assured shorthold basis to a retired couple from August 2022.
For more information please refer to the legal pack
D
Agent Details
Dedman Gray Auction, Essex
01702 311010
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