Block of Apartments
DRAFT DETAILS - An excellent buy-to-let high yield investment opportunity to acquire four self-contained flats with a combined income of £19,739 per annum. All of the flats in recent years have been refitted and provide well equipped living accommodation with uPVC double glazing and gas central heating (where specified). Number 31 Beighton Street is a one bedroomed ground floor flat currently producing £4,628 per annum. 33 Beighton Street is a two bedroomed first floor flat currently producing £5,700 per annum. 151 Outram Street is a one bedroomed flat currently producing £5,148 per annum and 151a Outram Street is a ground floor studio flat currently producing £4,263 per annum.
In more detail the properties comprises of -
Comprises -
With sealed unit double glazed window in uPVC frame and door to front. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer, mixer tap and splashback tiling. Integrated appliances comprise an electric oven with four ring hob, cooker hood and opening through to the -
With sealed unit double glazed window in uPVC frame, storage heater.
With two sealed unit double glazed windows in uPVC frame, panel heater.
Comprising a shower cubicle, low level wc, wash hand basin and tiling to walls.
Comprises -
Leading to -
With access to -
With two sealed unit double glazed windows in uPVC frame and central heating radiator.
The fitted kitchen in white units comprise a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. Integrated appliances comprise an electric oven with a four ring hob, cooker hood over, plumbing for washing machine, wall mounted Ideal combination boiler, central heating radiator.
With sealed unit double glazed window in uPVC frame and central heating radiator.
With sealed unit double glazed window in uPVC frame and central heating radiator.
Fitted with a modern three piece suite in white comprising a panelled bath with shower unit over and shower screen, low level wc, pedestal wash hand basin, tiling to walls and central heating radiator.
Comprising -
Entered by door to front. The kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. Integrated appliances comprise an electric oven with four ring hob, cooker hood over.
With sealed unit double glazed window in uPVC frame and wall mounted heater.
Comprises a shower cubicle, low level wc, pedestal wash hand basin, tiling to walls and laddered heated towel rail.
Comprises -
Entered by door to front. The kitchen area comprises a range of wall mounted cupboards in white with matching base units, drawers, preparation surface, stainless steel sink and drainer with splashback tiling, integrated appliances comprise an electric oven with hob and cooker hood. There is a shower room with LLWc , hand basin and shower cubicle with tiling.
31 Beighton Street - Let on an AST producing £4,628 per annum.
33 Beighton Street - Let on an AST producing £5,700 per annum.
151 Outram street - Let on an AST producing £5,148 per annum.
151a Outram Street - Let on an AST producing £4,263 per annum.
Combined Rental Income - £19,739 per annum
See Legal Pack.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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