Property description

Freehold investment opportunity to purchase this detached former care home that was converted to provide five studio apartments, two 1 bedroom first floor flats and a vacant managers office, current rents achieved:

Flat 1 £400pcm, Flat 2 £450pcm, Studio 1 £400pcm, Studio 2 £355pcm, Studio 3 £400pcm, Studio 4 £400pcm, Studio 5 £385pcm.

For more details contact Mannleys.

Guide Price £400,000

For Sale By Public Online Auction – 28th July 2022

unconditional lot - Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 3%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).


Amenities

Online auction 28th July 2022

Approximate Rental Income £33480pa

Five Studio Apartments

Two x 1 Bedroom Flat

Vacant Managers Office

Driveway Parking

Freehold Investment Opportunity