Call the team on 01702 33 33 99 for more information
FREEHOLD INVESTMENT OPPORTUNITY COMPRISING OF A TWO BEDROOM END OF TERRACE HOUSE WITH A SEPARATE ANNEX PRODUCING A COMBINED INCOME OF £1,450 pcm THUS PRODUCING £17,400 PER ANNUM WHICH WOULD DELIVER A YIELD OF 7.4% IF PURCHASED AT GUIDE.
A Freehold 2 bedroom end of terrace house with a separate annex producing a total of £1,450 per calendar month. The landlord confirms no arrears or late payments. (Annex not inspected internally by Auction House)
GROUND FLOOR Lounge: 12'7" x 10'1" (3.9m x 3.1m) Kitchen: 12'7" x 10'1" (3.9m x 3.1m) FIRST FLOOR Bedroom 1: 13'1" x 10'4"(4.0m x 3.2m) Bedroom 2: 13'1" x 10'1" (4.0m x 3.1m) Bathroom: 9'5" x 6'2" (2.9m x 1.9m) ANNEX Bedroom/Living Room Kitchen Shower
Built circa early 1900's of standard bricks and mortar with a traditional Flemish bond pattern brickwork with decorative red brick detail around the windows and doors. The property sits on a corner plot with public car parking on the opposite road, but benefits from private off road parking for two family cars
The property is within walking distance of the town centre and across the road from Strood train station . Strood is situated on the northwest bank of the River Medway, the town centre has a great range of shops, including well-known high street names that sit alongside many family-owned businesses giving Strood a reputation for quality,
Strictly by appointment with the Auctioneer Tel: 01622 589 623
Energy Efficiency Rating (EPC)
Current Rating D
Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.
Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 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.