FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 5TH JUNE 2024 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE\r
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BUY TO LET INVESTMENT: A DETACHED FREEHOLD BUILDING CONTAINING 3 RESIDENTIAL FLATS FULLY LET AND PRODUCING AN ANNUAL INCOME OF £28,800\r
A Detached freehold building containing 2 x one bedroom apartments and a two bedroom apartment as well as a single storey garage/workshop with driveway to the rear. All flats were refurbished in 2023 to a high standard and 2 of the 3 flats tenancy's currently include the building to the rear however it is considered that it may be possible to increase the income if let separately. It is also considered that it may be possible to convert the building into an additional apartment subject to necessary consents. \r
78A - First floor two bedroom flat with garage to rear. \r
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78B - One bedroom ground floor flat with additional storage room and parking space to rear. Let on an AST at £750 pcm.\r
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78C - One bedroom ground floor flat with parking space to rear, let on an AST at £750 pcm.\r
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in the popular Holland on Sea area close to local amenities.\r
78A - £900 pcm (£10,800 per annum)\r
78B - £750 pcm. (£9000 per annum)\r
78C - £750 pcm. (£9000 per annum)\r
Total- £2400 pcm (£28,800 per annum)\r
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For full details on the terms of the current tenancies please refer to the legal pack.\r
78A -E\r
78B -E\r
78C- E