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Freehold Semi-detached Property
An 11 bedroom freehold semi-detached property containing 9 apartments, arranged over 3 floors. Situated just off the seafront within close proximity to Burnham-on-Sea town centre, the property benefits from access to local amenities and transport links, making it an attractive proposition for tenants and ensuring ongoing demand.
Tenure
Freehold
ACCOMMODATION
Flat 1: Studio Flat Flat 2: Studio Flat Flat 3: Two Bedrooms, Living Room, Kitchen and Bathroom. Flat 5: Studio Flat Flat 6: One bedroom, Living/Kitchen Room and Shower Room. Flat 7: Studio Flat Flat 7a: Studio Flat Flat 7b: Studio Flat Flat 8: Two Bedrooms, Living Room, Kitchen and Shower Room.
AUCTIONEERS NOTE
INDIVIDUAL FLAT PRICE'S: Please note a local agent has advised the re-sale for the flats range from £80,000 - £150,000.
AUCTIONEERS NOTE
RENTAL INCOME: Please note the majority of the tenants are long standing. The flats are currently in need of a rent review as they are all under market value.
VIEWINGS
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.
FULL DETAILS
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.
NOTICE TO BIDDER
Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.
Local Authority
Somerset County Council
Offered in association with
Westcoast Properties
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 - £1200 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.
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.