1 bedroom private hall for sale
Key information
Property description & features
- Tenure: Leasehold
- Self Contained Studio
- Sleeping / Living Area
- Private Kitchen
- Own Shower Room
- Larger Unit In The Development
- Superb Investment Opportunity
7.5% - 9% NET YIELD (2024-2025 Term) - STUDENT APARTMENT
X1, 272 Chapel Street is a purpose built cluster student accommodation property whereby a number of rooms share a kitchen / living space but include their own en suite shower room.
This property is being sold via auction method and will therefore have an additional information pack available for potential buyers to view at securedauctions.co.uk
Each property has access to an on-site gymnasium, communal courtyard and well-appointed laundry room.
All utilities are included in the price of the service charge.
This is an ideal hand off investment provided an increasing yearly yield starting at 7.5%-9% Net as of September 2024. with this being set to increase to
This particular property is self-contained with its own kitchen area.
THIS IS FOR THE BEDROOM / BATHROOM / KITCHEN AREA - SELF CONTAINED UNIT
MANAGEMENT DETAILS
Currently Rented at : £9948 P/A
Service Charge £5,760.06 P/A
Ground Rent £250 P/A
Let & Management 8% + VAT
For bidding please visit: securedauctions.co.uk
*START PRICES & RESERVE PRICES
The Start Price is issued solely as a guide allowing buyers to consider whether or not to pursue their interest. With a reserve price set within a relative distance to the starting price.
EPC
EPCs can be viewed in full on the securedauctions.co.uk site via the property page.
UNCONDITIONAL AUCTION DETAILS
Contracts are exchanged at the end of the auction and a 10% deposit will be taken from the highest bidder. This deposit contributes toward the sales price.
Following exchange of contracts, completion will typically take place with 4 weeks (28 days), unless the contract of sale / special conditions states otherwise.
For full terms & Legal documentation
Visit securedauctions. co.uk
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*DISCLAIMER
Property reference S734990. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Henry Wiltshire - Manchester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 9, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 9, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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