Property description
Sale By Informal Tender to CASH BUYERS ONLY. 3 bedroom LEASEHOLD house in central location in need of refurbishing and modernisation throughout. Closing Date for the tender is 12pm on Wednesday 27th May 2015.
This property is only available to cash buyers due to the fact it has a NON-RENEWABLE lease but offers an investor the potential. once refurbished, to be let for a figure in the region of £750 - £800 per calendar month.
The accommodation comprises lounge, dining room, breakfast room, kitchen, shower room, family bathroom and 3 bedrooms.
Outside, to the rear, is a good size garden. The property benefits from having double glazing and a replacement roof.
This property is being sold by Informal Tender and bids are invited by the closing date of 12pm on Wednesday 27th May 2015. A buyers fee applies and a full information pack can be provided if requested.
Buyers need to be aware the property has a lease of Twenty Six years which cannot be extended. The freehold maybe available for purchase but this must be looked into after completion.
The lease states that the house can only be used as a single dwelling and for the last seven years of the lease it should not be rented out.
At the end of the lease the property will revert back to the freeholders: The Lord St Levan Estate
Please feel free to call Falcon on 01752 600444 to find out more information about the property and the open days.
Property Features :
- Mid Terrace Leasehold House
- Living Rm, Dining Rm and Breakfast Rm
- 3 Bedrooms