Property description
NO BUYERS PREMIUM. For sale by auction. Option 1.
A two bedroom mid terrace house appealing to the buy to let investor. The property is currently let to a tenant which we are verbally advised by the vendor has been in residence for the last 5 years and wishes to remain in the property which is producing a rental income of approx £337 every four weeks.
The property benefits include double glazing and gas central heating. Briefly comprises of entrance hall, living room, kitchen, to the first floor there are two bedrooms and a bathroom/wc. Externally there is a lawned garden to the front and a gravelled garden to the rear with brick built store shed.
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.