Semi-detached house
Investment opportunity to acquire a significant and unique 3 storey semi-detached property, currently set out as 2 apartments and within an extremely popular, residential location with high demand for BTL properties locally. The property has the potential to command a handsome rental income in the region of £20k per year.
The property briefly comprises of an entrance hall with doors leading to each apartment. The ground floor offers a living room, separate kitchen, double bedroom and shower room, the second apartment occupies the 1st and 2nd floors and comprises of a living room, separate kitchen, 2 double bedrooms and a bathroom.
There is further potential to reconfigure the existing layout or convert back to a 4 bedroom home. Viewings are highly recommended to fully appreciate the opportunity on offer.
The coastal town centre of St Ives is close by as are a wide range of local amenities, shops, bars and restaurants.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price
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.
