For sale by Modern Method of Auction; Starting Bid Price £85,000 plus Reservation Fee. SOLD WITH TENANT IN SITU Great investment opportunity offering a strong return. The property is available at £85,000 and benefits from a tenant currently paying £750 per month (£9,000 per annum), providing an attractive gross yield of approximately 10.6%. The ground floor features a spacious living room/diner, creating a versatile and sociable area ideal for both everyday living and entertaining. The kitchen is well arranged, offering ample storage and workspace. Upstairs comprises three bedrooms, all providing flexible accommodation to suit a variety of needs, along with a family bathroom. Externally, the property benefits from a rear garden, perfect for outdoor use. Offered freehold and ideally located close to local amenities, schools, and transport links, making it a well-connected investment.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
| Tax Band | % | Taxable Sum | Tax |
|---|
Struggling to find a property? Get in touch and we'll help you find your ideal property.
