Auction Date: 21st & 22nd August 2019
Three-bedroom end terrace cottage
Sought after village location
Ideal first-time buyer or investment opportunity
Potential income of £500 pcm (£6,000 per annum)
•For Sale By Online Auction: 21st & 22nd August 2019
•Guide Price: £75,000+
•Three-bedroom end terrace cottage
•Ideal first-time buyer or investment opportunity
•Vacant: Potential Income: £6,000 per annum
This 17th century two-storey end terrace stone built property offers accommodation arranged over ground and first floors.
The ground floor briefly comprises spacious lounge to the front of the property and modern fitted kitchen with integrated oven & hob to the rear.
Open plan stairs lead to three good sized double bedrooms and modern family bathroom with ‘P’ shaped bath with electric shower over. Outside there is a small manageable patio area accessed from the kitchen.
There is also a fish takeaway adjoining the property on the ground floor with limited opening hours, this is part of the freehold and will remain so, should the leaseholder surrender the lease it will revert back to residential, please see legal pack for more details.
Cottage – 84 m2 (904 ft2)
Shop – 38 m2 (410 ft2)
(Measurements taken from the EPC & VOA registers).
We understand the property to have mains gas, electricity, water and drainage. However, interested parties are advised to carry out their own investigations.
This property is currently vacant. However, the property has the potential to generate an income of £500 pcm (£6,000 per annum). This represents a potential gross yield of 8.00%, based on the guide price. There is no income generated from the fish shop.
The property is rated in Council Tax Band A. Council Tax payable (2019/20) is approximately £1,283.
VAT not applicable
2% (min. £3,600) inc. VAT
Viewings by appointment only. Please contact a member of John Pye Property on 0115 970 6060 or email firstname.lastname@example.org to arrange an appointment.
If you are thinking of selling your property, contact us now for a free appraisal and benefit from:
•0% Seller Fee
•£0 Entry Fee
•£0 Marketing Costs
•20 Working Day Completion