Terrace of 4 rural cottages, 2 regulated tenancies & 2 vacant
A terrace of 4 well proportioned cottages situated in a delightful rural setting some 2 & 4 miles from the village of Long Melford and the market town of Sudbury respectively. Cottages 2 & 4 are let on regulated tenancies yielding £12,560 per annum whilst numbers 1 & 3 are vacant and in need of improvement. Potential annual yield from all 4 would be in the region of £28,000. The properties, which offer a mix of 2 and 3 bedroom accommodation, stand in a large, unusual shaped plot with wide road frontage and benefit from open rural views to both the front and rear. The potential and highly desirable location of these properties make this an excellent investment opportunity which would compliment any residential portfolio.
Tenure
Freehold
Description
Viewing
Please call the Auctioneers - 01473 558888
Energy Efficiency Rating (EPC)
Current Rating E-F
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Braintree District Council. Tel: 01376 552525
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 £1,200 (£1,000+ 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.