A Small portfolio of 3 x 2 bedroom purpose built apartments offering a rental yield of circa 10% pa. Price guide £345-£360K
Guide Price £345,000 to £360,000 * Buyers Premium Applies
For sale by unconditional online auction.
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
Town & Country Property Auctions are delighted to offer For Sale by Public Auction this this residential rental portfolio of 3 apartments situated in the very popular and highly sought after Bransby Way development. Current rents are circa £600 per month but these have not been reviewed for many years. Current market rents are circa £995 per month for each flat.
The property will be entered into our 25th February auction which is held online and starts at 10am. You must register to bid and download the legal pack.
PROPERTY FEATURES
. Portfolio of 3 Apartments
. Each Has 2 bedrooms
. Spacious Lounge/Kitchens
. Modern Bathrooms
. Communal Parking
. Tenants in Situ
. Council Tax Band: B
. Rental Value Per Month: £995
. 56 Day Completion
ADDITIONAL INFORMATION
. Leasehold
. Length of Lease Remaining: 979 Years
. Annual ground rent: £125
. Annual service charge: £830
TENANCY INFORMATION
. Tenancy Term: All Now Periodic
. Tenancy Start Date: Flat 9a 29/07/2020 Flat 11 16/01/2021 & Flat 23 06/02/2015
. Tenancy Type: AST
. Are the Tenants in Arrears: No
VIEWING ARRANGEMENTS
We will be holding viewing slots, please call us on .
The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.