- For Sale by Modern Auction – T & C’s apply +
- Subject to Reserve Price +
- Buyers fees apply +
- The Modern Method of Auction +
- Investment opportunity +
- Two well-sized bedrooms +
- High rental yield potential +
- Garage with off-street parking +
- Gas central heating +
- EPC rating 'C' +
We are delighted to present this two-bedroom flat for sale. The property is in need of renovation, presenting a fantastic opportunity for investors or DIY enthusiasts looking for their next project.
This first-floor apartment comes with two well-sized bedrooms, a single bathroom, and one reception room, ideal for a cosy living area. The property also features a practical kitchen space, all of which are eagerly awaiting your personal touch to transform them into a modern and comfortable living space.
One of the significant advantages of this property is its potential for a high rental yield of 12.7%, with an expected rental income of £475 per calendar month once the renovation works are completed. This makes it an excellent investment opportunity.
Moreover, the property comes with a garage providing off-street parking – a rare find in many urban areas. The flat is served by gas central heating, ensuring a warm and comfortable environment throughout the colder months.
In terms of running costs, the property is quite efficient with an Energy Performance Certificate (EPC) rating of 'C', which should mean reasonable energy bills. Furthermore, it falls under council tax band 'A', which is the lowest band, reducing your annual outgoings.
This property is offered for sale with no forward chain, simplifying the purchasing process and making it an even more attractive proposition.
Please note that due to the need for refurbishment, the property is ideally suited to cash buyers. Don't miss out on this unique opportunity - contact us today for more information or to arrange a viewing.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
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