A well established high yielding investment property with potential to extend/develop
Currently let to 3 sharers this is a high yielding, well established investment property with 2 of the tenants having been in occupation for more than 5 years. This is a traditional ex-local authority 3 bedroom semi-detached house with ground floor bathroom. The property has been well looked after by the current tenants and benefits from a newly fitted combination boiler. Outside to the front is parking for 2 cars whilst to the rear is a good sized garden of some 50 feet in length (approx) backing on to Henry Street. Several of the neighbouring properties have been extended to the rear as well as benefiting from vehicular access/garages from Henry Street to the rear.
• Established investment property
• 3 bed semi-detached house
• Currently let at £270 per week/ £14,040 per annum
• Potential income in excess of 10% per annum
• New combination boiler
• Let to 3 sharers, 2 having lived in the property for more than 5 years
• Good sized garden backing onto Henry Street
• Potential to extend house under permitted development rights/develop garden (STPP)
• Easy walking distance to high street with range of local and national retailers
Sold subject to the aforementioned Assure Shorthold Tenancy agreements
By appointment with Auction House 0117 946 4949
Search Pack Fee
£360 inc VAT payable upon exchange of contracts.
For Sale by Auction
On Tuesday, 30th July 2019 at 7.00pm at Ashton Gate Stadium, Winterstoke Road, Bristol BS3 2LQ
Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.
A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £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.