• Sale by Modern Auction (T&Cs apply) +
• Subject to an undisclosed Reserve Price +
• Buyers fees apply +
• ATTENTION INVESTORS +
• Purchaisng the freehold for two flats +
• Potential rental income of £1250pcm +
• No onward chain +

SUMMARY
Fantastic investment opportunity to purchase two flats. With a total potential income of £1250pcm. A one bedroom flat on the ground floor and a two bedroom duplex apartment across the first and second floor.

DESCRIPTION
Flat 1 comprises of a large living room, with bay window flooding the room with natural light. A spacious kitchen with ample counter and cupboard space and a utility space under the stairs. Towards the back is a large double bedroom serviced by a family bathroom. There is a back door from the kitchen leading out into the rear yard.
Flat 2 comprises of a large living room, bathroom and kitchen to the first floor, with stairs leading up to two bedrooms on the second floor, both equipped with skylights, and access into the eaves for storage.
Flat 2 is currently tenanted, with the tenant paying £375pcm as it stands. The current rental market indicates the potential income for flat 1 and flat 2 to be £600pcm and £650pcm respectively.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.