No longer on the market
This property is no longer on the market
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Floorplan
Map12 bedroom house
Key information
Features and description
- National ONLINE Auction * SOLD AT AUCTION - £430,000 *
- 12 x self contained units
- Unique investment/developement opportunity
- Requires modernisation
- Former hostel
- Potential 12% yield
Video tours
* SOLD AT AUCTION - £430,000 *
*ONLINE AUCTION*
To be sold via unconditional ONLINE Auction on Tuesday 28th February 2023
(Visit auctionhouse.co.uk/online).
BIDDING OPENS: 13:00 on Monday 27th February 2023
AUCTION ENDS: 13:00 on Tuesday 28th February 2023
GUIDE PRICE: £300,000 to £350,000
* SOLD AT AUCTION - £430,000 *
Unique development/investment opportunity. Former hostel comprising of 12 x self contained studio flats, requiring modernisation throughout. Parking area to the front and side, with land to the rear backing onto Wren Street. Located in a popular residential area and has potential once fully renovated and let to achieve circa 12%+ yield.
ACCOMMODATION GROUND FLOOR
Flat 1:
Kitchen/lounge/Bedroom: 13 ft 6 in max x 9 ft max
Shower room:
Flat 2:
Kitchen/Lounge/Bedroom: 13 ft max x 12 ft 9 in max
Shower room:
Flat 3:
Kitchen/Lounge/Bedroom: 13 ft 3 in max x 10 ft 3 in max
Shower room:
Flat 4:
Kitchen/Lounge/Bedroom: 13 ft 4 in max x 10 ft 7 in max
Shower room:
Flat 5:
Kitchen/Lounge/Bedroom: 15 ft 10 in max x 12 ft 5 in max
Shower room:
Flat 6:
Kitchen/Lounge/Bedroom: 16 ft 9 in max x 13 ft 1 in max
Shower room:
Flat 7:
Kitchen/Lounge/Bedroom: 16 ft 9 in max x 12 ft 11 in max
Shower room:
FIRST FLOOR
Flat 8:
Kitchen/Lounge/Bedroom: 13 ft max x 15 ft 9 in max
Shower room:
Flat 9:
Kitchen/Lounge/Bedroom: 16 ft 5 in max x 11 ft 11 in max
Shower room:
Flat 10:
Kitchen/Lounge/Bedroom: 15 ft 11 in max x 6 ft 5 in min x 12 ft 6 in max
Shower room:
Flat 11:
Kitchen/Lounge/Bedroom: 13 ft 4 in max x 10 ft 8 in max
Shower room:
Flat 12:
Kitchen/Lounge/Bedroom: 13 ft 4 in max 9 ft 11 in max
Shower room:
OUTSIDE Parking area to front and side.
Rear: Garden/potential parking area accessed from Wren Street.
EPC RATING Flat 1 - D
Flat 2 - D
Flat 3 - C
Flat 4 - C
Flat 5 - D
Flat 6 - C
Flat 7 - D
Flat 8 - D
Flat 9 - E
Flat 10 - C
Flat 11 - C
Flat 12 - C
COUNCIL TAX BAND Flat 1 - A
Flat 2 - A
Flat 3 - A
Flat 4 - A
Flat 5 - A
Flat 6 - A
Flat 7 - A
Flat 8 - A
Flat 9 - A
Flat 10 - A
Flat 11 - A
Flat 12 - A
TENURE Freehold with vacant possession.
ADDITIONAL COSTS Administration Fee: £1,650 (£1,375 plus VAT.
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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