Ref: Lot 18
LIFE TENANCY INVESTMENT OPPORTUNITY
THIS LIFE TENANCY INVESTMENT IS TO BE SOLD AT AUCTION ON 31ST OCTOBER 2024. 3 BED MID TERRACE PROPERTY.
TENANT PROFILE
SINGLE MALE TENANT AGED 80 YEARS OLD - ANNUAL RENTAL INCOME IS £3,600
PROPERTY DESCRIPTION
In need of some modernisation this three bedroom home is ideally located for access to the town centre and has good size accommodation throughout. The double glazed front door leads into the entrance hall which stairs to the first floor . The lounge/diner has dual aspect double glazed windows, two radiators and understairs storage cupboard. A door leads through to the kitchen/breakfast room which has a range of base and wall mounted units with complimentary work tops over, space for cooker, plumbing for washing machine, two double glazed windows and door to the side. Completing the downstairs accommodation is the shower room which has a shower cubicle and separate cloakroom with low level WC, pedestal wash hand basin and radiator.
Upstairs the first floor landing has access to the loft, a storage cupboard and airing cupboard. All three bedrooms have double glazed windows and radiators, with bedroom one having the added benefit of fitted wardrobes. The bathroom has a low level WC, pedestal wash hand basin, paneled bath, radiator and double glazed window.
Outside the rear garden has patio leading to lawned area and gated side access.
To the front there is a small garden area with brick wall and gated access.
* Plus 6% Buyers Premium + VAT
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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