•Online Auction Date: 23rd – 24th May
•Guide Price: £10,000+
•Residential investment opportunity
•Tenanted £3,000 pa, 30% gross yield
Residential investment located on the 9th floor in a purpose built residential block, predominantly let to students. The accommodation comprises of a sleeping/living area, own bathroom suite and shared kitchen facilities.
Approximately 10.7 sq. m ( 115.17 sq. ft ) taken from the property plan.
We understand the property is connected to mains electricity, water and drainage. Services have not been tested, so interested parties are advised to carry out their own investigations.
Leasehold- 125 years remaining from 22nd March 2012
The accommodation is currently let for £250 PCM (£3,000 pa) reflecting a yield of 30% based on the guide price. Potential for rental increase.
£3,000 inc. VAT
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
• Monthly auctions