Sold £14,000
- Terraced House
- 2 Bedrooms
- Tenure: Long Leasehold. The property is held on a 999 year lease.
Call the team on 020 7625 9007 for more information
A Vacant Two Bedroom Mid Terrace House
The property comprises a two bedroom mid terrace house arranged over ground and first floors. The property requires a full program of refurbishment.
Tenure
Long Leasehold. The property is held on a 999 year lease.
Location
The property is situated on a residential road close to local shops and amenities and just 2,000 ft from the coastline. Transport links are provided by the A19 with connections to the A1(M).
Accommodation
Ground Floor Reception Room Kitchen First Floor Two Bedrooms Bathroom with WC & wash basin
Exterior
The property benefits from a rear yard
The LHA rates for a 2 bedroom property in this postcode is £97.81 per week. Thus potential income of £5,086 per annum (source: https://lha-direct.voa.gov.uk). Equates to a 50.86% potential yield based on LHA rate against the guide price.
Viewing Details
Saturday 9th December 11:00 -11:30 Tuesday 12th December 17:00 -17:30
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
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 - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
