Freehold Semi-Detached Investment Property – Two Self-Contained Flats – £15,000 Per Annum Income
Ground Floor (Flat A)
The ground floor accommodation comprises a lounge, kitchen, double bedroom, and a shower room fitted with a shower cubicle, wash basin, and WC.
First Floor (Flat B)
Accessed via a separate entrance, the first-floor accommodation includes a lounge and a bathroom fitted with a panelled bath, separate shower cubicle, wash basin, and WC.
The second floor provides a spacious bedroom.
Externally
To the rear of the property is a paved patio area, offering low-maintenance outdoor space. The property also benefits from a garage, accessed via Mill Street, providing useful parking or additional storage.
Rental Information (as advised):
Flat A: £625 per month
Flat B: £625 per month
Total Income: £15,000 per annum
Tenancy details are available within the legal pack.
Completion period 28 days.
This is a ready-made investment opportunity with established income and freehold title, making it an attractive addition to any portfolio.
Auction Information
This property is offered subject to our Common Auction Conditions, available on our website. Please note that at the time of publication, the Auctioneers were unable to inspect the property internally; therefore, accommodation details should not be solely relied upon.
Purchasing at auction constitutes a legally binding commitment, equivalent to exchanging contracts via private treaty. Prospective bidders are strongly advised to review the legal pack available online and seek independent legal advice prior to bidding.
Buyer’s Administration Fee
A non-refundable administration fee of £1,800 (inc. VAT) is payable by the purchaser, whether the property is bought before, during, or after the auction.
Guide Price & Reserve Price
Each property is sold subject to a Reserve Price, which will be within +10% of the Guide Price. The Guide Price is provided solely to help buyers assess whether the property meets their requirements.
Important Notice / Disclaimer
In accordance with RICS guidance, these particulars are prepared in good faith and are intended to give a fair description of the property. At the time of publication, the Auctioneers were unable to inspect the property internally. Consequently, any details relating to the accommodation, floor areas, condition, fixtures, fittings, services, or any other aspects of the property are based on limited information and should not be relied upon as statements of fact.
Prospective purchasers are strongly advised to satisfy themselves as to the accuracy of the information provided by undertaking their own inspections, surveys, and enquiries prior to making any offer or bid. Neither the Auctioneers nor the vendor give any representation or warranty, express or implied, as to the accuracy, completeness, or suitability of the information contained within these particulars.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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