Ref: Lot 3
Freehold investment opportunity to purchase this detached former care home that was converted to provide five studio apartments, two 1 bedroom first floor flats and a vacant managers office.
Current rents achieved:
Flat 1 £400pcm,
Flat 2 £450pcm,
Studio 1 £400pcm,
Studio 2 £355pcm,
Studio 3 £400pcm,
Studio 4 £400pcm,
Studio 5 £385pcm.
* Plus 3% Buyers Premium plus VAT
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given i.e. (£50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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