"FOR SALE BY TRADITIONAL ONLINE AUCTION, with the auction ending Monday 6th February at midday is an opportunity to purchase this fantastic high-yielding multi-flat let investment property, which is located in the heart of the town centre. This bay fronted, mid terraced house is generally well presented and comprises of 6 self-contained 1 bedroom units of accommodation, all being let on assured shorthold tenancies, enjoying rents reserved annually of ?39,000 (equivalent). Investment opportunities of this nature in this location are a rarity and such interest is anticipated from both the local and wider investor landlord marketplaces.

Viewings are strictly via the following Open Home Appointments:
NB: THE LAST OPPORTUNITY TO VIEW IS: Wednesday 1st February 1pm PLEASE CALL THE OFFICE IF YOU WISH TO ATTEND.


Please register prior to the viewing by going to www.247propertyauctions.co.uk and clicking the link to this property or by calling on 01395 222350

Flat 1
A ground floor flat, to the front of the building. Open plan Living roomKitchen with bay window. Double bedroom. Shower Room.

Assured Shorthold Tenancy from 19th July 2016 (holding over). Current rent ?6,600 pa. EPC Rating C. Council Tax Band A. 30 sq meters floorspace (as per EPC)

Flat 2
Open plan Living roomkitchen. Double bedroom and separate shower room.

Assured Shorthold Tenancy for a term of 6 months from 4th May 2022 (holding over). Current rent ?6,780 pa. EPC Rating C. Council Tax Band A. 25 sq meters floorspace (as per EPC)

Flat 3
Open plan living roomkitchen. Double bedroom and separate shower room.

Assured Shorthold Tenancy from 23rd April 2018 (holding over). Current rent ?5,940 pa. EPC Rating C. Council Tax Band A. 26 sq meters floorspace (as per EPC)

Flat 4
Open plan living roomkitchen. Double bedroom and separate shower room.

Assured Shorthold Tenancy from 29th July 2015 (holding over). Current rent ?6,600 pa. EPC Rating D. Council Tax Band A. 30 sq meters floorspace (as per EPC)

Flat 5
Studio room incorporating bedroomliving room and with an integral kitchen Separate shower room.

Assured Shorthold Tenancy from 12th March 2016 (holding over). Current rent ?5,940 pa. EPC Rating C. Council Tax Band A. 34 sq meters floorspace (as per EPC)

Flat 6
Self contained apartment (Accessed from the rear). Open plan living roomkitchen. Double bedroom and separate shower room. Rear Courtyard.

Assured Shorthold Tenancy for a term of 6 months from 19th October 2022. Current rent ?7,140 pa. EPC Rating D. Council Tax Band A. 34 sq meters floorspace (as per EPC)

Tenure
The property is FREEHOLD - subject to the tenancies per flat.

Important Information
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum

(if applicable), which will be available on Auction Day.

Auction Legal Pack & Finance
Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser`s responsibility to make all necessary legal and finance enquiries prior to the auction.

Price Information
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.

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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by 247 Property Auctions.All legal documents in relation to this property have been provided by the Vendor`s solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.

These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.



Directions
From our prominent Town Centre office, proceed into Rolle Street, passing The Strand and turning right at the roundabout into The Parade. This in turn leads into Exeter Road where the property will be found on the right hand side, just past the turning to Belvedere Road, clearly identified by our For Sale sign.

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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only."