This property is no longer on the market
3 bedroom semi-detached house
Key information
Property description & features
- For Sale By Online Auction
- Thursday 8th December 2022
- Lot 05
- Guide Price £165,000+
- 2 Flats
- Investment opportunity
FOR SALE BY ONLINE AUCTION
THURSDAY 8TH DECEMBER
GUIDE PRICE £165,000+
Residential investment opportunity comprising of 2 flats in an established area of the town. In need of modernisation and improvement. Potential income of about £14,000 per annum.
Situation & Description - Residential investment opportunity comprising of 2 flats in an established area of the town.
The two flats are situated in an established area of similar residential properties. Devizes is a historic market town with a wide range of shopping and entertainment facilities, a leisure centre and primary and secondary schools. There is a thriving weekly market and the Kennet & Avon canal runs through the town providing pleasant walks and fishing.
Both flats are in need of modernisation and there is potential to convert the property into a 3 bedroom house (subject to planning).
The ground floor flat comprises of entrance hall, kitchen/living room, bedroom and bathroom. The first floor flat comprises of entrance hall, kitchen/living room, 2 bedrooms and a bathroom.
There is a front garden and a good-sized enclosed rear garden mainly laid to lawn with scope to create parking. There are useful brick outbuildings that could be incorporated into the property.
The property would be ideal for investment with a potential income in good order of about £550-650 per calendar month per flat which equates to an overall income of about £14,000 per annum.
For further information on lettings and management please contact Devizes lettings on[use Contact Agent Button].
Viewings - To arrange a viewing, contact: Devizes office on[use Contact Agent Button]
There will be numerous pre-arranged open house viewing slots lasting for 30 minutes and you can book in by contacting the Auctioneers.
If you have any concerns with viewings, please contact the relevant Strakers office and we would be happy to discuss them with you and hopefully put you at ease.
Legal Pack - You can download the legal packs via our website and going to the auction home page by using the services heading at the top of the page. Click on the light blue tab under the next auction date displayed on the calendar. This will produce a lot list, select a lot of interest, this pulls up further details on the property - on the right under the photos click View Legal Documents - You will need to sign-up by entering your email address and creating a password the first time but this will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available.
Reserve & Guide Price - Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
+ Fees - If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above.
Disclaimer - 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. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
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