A freehold property converted into 2 x 2-bedroom flats (680 sq ft/579 sq ft) and situated in the town centre. Both let on ASTs, currently producing £18,600 pa.

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Description/Location

Planning permission for the conversion was granted in 1996 (Ref: 96/00559/FUL). The flats are let on periodic ASTs at £850 and £700 pm; we estimate current rental values are £1000+pm each. The seller has confirmed the flats are individually metered and registered separately for council tax.

Tenure

Freehold

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Accommodation

Flat 57a Ground Floor: 579 sq ft. AST from 2018 (now periodic), rent is £700 pcm. Entrance hall, living room, kitchen, 2 bedrooms, bathroom. Flat 57b First Floor: 680 sq ft. AST from 2016 (now periodic), rent is £850 pcm. Landing, kitchen/living room, 2 bedrooms, bathroom. Outside: Gardens front and rear.

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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