- Substantial 4 bedroom terraced house currently let to professionals +
- income of £12,600 giving a gross yield of 6.3% +
- 2 Bathrooms +
- Patio to the rear +
- On street parking +
- Could also be an ideal home for a first time buyer or downsizer +
This substantial four bedroom property has been running as a successful professional let for a number of years and recently achieved £12,600 per annum giving a gross yield of 6.3%. with a high occupancy rate and a very impressive turnover. It would also work very well as a student let due to its size or even a home for a first time bure or downsizer.
Walking into the hallway from Catherine Street you have your first of the four bedrooms to the left, spacious living room, kitchen with one of the bathrooms downstairs, 2 further bedrooms to the middle floor with the 2nd bathroom and the 4th bedroom is located in the loft.
Once outside, to the rear you will find a private courtyard.
This property is currently vacant possession.
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 4.5% 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. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.