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White Hart Court, King Street, Market Rasen, Lincolnshire LN8 3BB

Lot no: 11 Withdrawn Post for £293,000
 

Guide Price £275,000+ plus fees


Thursday 15th September 2016

11.30am
Key Features
  • Three storey property comprising eight self contained flats
  • Part tenanted with a combined income of £28,152 per annum
  • Located close to local amenities and transport links
  • Ideal leasehold break up opportunity
  • EPC Rating: F, F, F, F, E, G, G & F
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Withdrawn Post for £293,000

Block of Apartments

Property Description:

A three storey freehold property comprising eight self contained flats. Seven flats are currently tenanted which we believe to be providing a combined income of £28,152 per annum. The property is conveniently located close to local amenities and transport links within Market Rasen. Ideal leasehold break up opportunity.

Please not the auctioneers have not inspected the tenancy agreements.

The auctioneers have not inspected the property but believe it to comprise:

Ground Floor:
Flat 1

Two bedroomed accommodation achieving £325 per calendar month on a periodic tenancy which commenced on 6th October 2014.

Flat 2

Two bedroomed accommodation let on an assured shorthold tenancy dated 30th March 2016, achieving £351 per calendar month.

Flat 8

One bedroomed accommodation let on an assured shorthold tenancy dated 13st May 2016 achieving £295 per calendar month.

First Floor:
Flat 3

One bedroomed accommodation currently vacant. Previously let on an assured shorthold tenancy at £300 per calendar month.

Flat 4

One bedroomed accommodation achieving £325 per calendar month on an assured shorthold tenancy from 29th April 2016

Flat 5

One bedroomed accommodation achieving £350 per calendar month on a periodic tenancy which commenced on 28th April 2012.

Second Floor:
Flat 6

Two bedroomed accommodation achieving £375 per calendar month on a periodic tenancy which commenced on 21st September 2015.

Flat 7

Two bedroomed accommodation achieving £325 per calendar month on a periodic tenancy which commenced on 28th February 2016

Tenure:

Freehold. Part let/part vacant.