Withdrawn | Lot 47

Chilham House, Wellington Street, Newmarket, Suffolk, CB8 0HT

Withdrawn

  • Town House
  • 3 Bedrooms
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Wed 09/09/2020

Auction Time

11:00

Auction Venue

ONLINE

A recently refurbished townhouse with three letting rooms.

This recently refurbished townhouse is situated in the heart of the town with a wide range of amenities available within easy walking distance. Newmarket is the country's flat racing capital and is easily accessible from the A14 trunk road, the town of Bury St Edmunds and university city of Cambridge are both around 14 miles distant. The property provides three letting rooms, two of which are en-suite and were producing an income of £1360 per calendar month (£16,320 per annum), however it is now being sold with vacant possession upon completion. This opportunity represents a solid investment with a potential gross yield of over 8% relative to the very competitive Guide Price.

Tenure

Freehold

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Forest Heath District Council

Solicitors

Eversleys, Percy House, 363 Liverpool Road, London, N1 1NL, Ref: Stuart Appleman, Tel: 0207 6070 001

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £954 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.