2A Tiverton Road

Ref: Lot 9

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Town & Country Property Auctions London
Town & Country Property Auctions London

Unconditional Lot


UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 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 in the legal pack or on the sales details). In addition to the purchase price, buyers may be required to pay additional fees, costs and charges.

Description

THIS LOT HAS BEEN SOLD PRIOR TO AUCTION

We are pleased to offer for sale this end terrace, two bedroom property which is currently let on an Assured Shorthold Tenancy Agreement with a rental income of £1200 pcm, offering a 3.84% yield based on this guide price.
Built in 2007, the accommodation comprises open plan kitchen/lounge, two double bedrooms and modern fitted bathroom with garden to the rear.

The property is just a short walk from local shops, schools and several handy tube lines.

EPC Rating - C

Tenure

Freehold

Tenanted investment opportunity
Currently let at £1200 pcm
Producing £14,400 pa / 3.84% annual yield
Built in 2007
End terrace
Two double bedrooms
Open plan kitchen/lounge
Garden

Buyers Premium

Plus Fees


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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