No longer on the market
This property is no longer on the market
Floorplans (
Map8 bedroom house
Auction
House
8 beds
7 baths
613
EPC rating: C
Key information
Features and description
- Auction Date TBA
- Unbroken Freehold of Five Self Contained Flats
- Ample Parking With 9 Spaces
- 3 x 2 Bedrooms and 2 x 1 Bedrooms
- All In Excellent Condition With Modern Kitchens and Bathrooms
- Currently Let at Approximately £58,000 Per Annum
- Significant Scope to Increase Rent to Circa £60,000 Per Annum
- Break Up Discount Available
- Excellent Investment Opportunity
- Highly Recommended
FOR SALE BY AUCTION at a date to be advised
Rare opportunity to purchase the entire freehold of this unbroken block of flats comprising of 3 x 2 bedroom flats and 2 x 1 bedroom flats with 9 parking spaces all currently let out on Assured Shorthold Tenancy Agreements at a passing rent of approximately £58,000 with significant scope for increase to perhaps a figure much closer to circa £60,0000.
The flats are considered to be in very good condition throughout with modern kitchens and bathrooms and provide for an excellent rental income and with a break up value discount included within the sale.
Situated within the heart of Newick, a quintessential Sussex village with Lewes, Ucklfield and Haywards Heath just a short distance away. Sheffield Park Gardens and The Bluebell Railway are easily accessible as is the picturesque Chailey Common.
Rare opportunity to purchase the entire freehold of this unbroken block of flats comprising of 3 x 2 bedroom flats and 2 x 1 bedroom flats with 9 parking spaces all currently let out on Assured Shorthold Tenancy Agreements at a passing rent of approximately £58,000 with significant scope for increase to perhaps a figure much closer to circa £60,0000.
The flats are considered to be in very good condition throughout with modern kitchens and bathrooms and provide for an excellent rental income and with a break up value discount included within the sale.
Situated within the heart of Newick, a quintessential Sussex village with Lewes, Ucklfield and Haywards Heath just a short distance away. Sheffield Park Gardens and The Bluebell Railway are easily accessible as is the picturesque Chailey Common.
Property information from this agent
About this agent
The landscape of selling property at auction has changed a lot in recent years. No longer is it seen as simply an option for properties in need of complete modernisation or repair. Today, almost any kind of property is suitable for sale at auction, regardless of value, age, size, condition or style. Here are just some of the other property types we help vendors sell at auction: Residential investments Commercial investments Mixed investments Freehold ground rents Garages Tenanted flats and houses Repossessions Flats with short leases Properties not suitable for a mortgage, such as flying freeholds Flats above commercial properties where mortgages are difficult to obtain Ready to find out how your property could perform at auction? Get in touch now for your free auction appraisal.