2 bedroom terraced house

This terraced house is currently listed for sale and presents an excellent opportunity for investors. The property is being sold with vacant possession. The current layout includes two double bedrooms, one bathroom, a reception room, and a kitchen.

The property's EPC rating is a respectable 'D', indicating a fair level of energy efficiency. The renovation could provide an opportunity to further improve this rating, thereby increasing the property's overall appeal and value.

One of the key features of this home is its location. It is ideally situated with excellent public transport links and numerous local amenities in close proximity, making day-to-day living both convenient and enjoyable.

Investors would find this property particularly appealing given its potential for renovation and prime location, after renovation the properties potential rental income will be £750 - £800 per calendar month resulting in an attractive 9.6% yield.

Auctioneer comments

This property is for sale by the Modern Method of Auction, please discuss timescales with the assigned auction specialist.

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Accommodation:

Lounge / Diner 10'6" x 24'3

Kitchen 16'9" x 6'3"

Reception Room 11'11" x 9'10"

Bedroom One 16'4" x 11'11"

Bedroom Two 12'4" x 12'4"

Bathroom 9'8" x 7'0"

Council Tax Band B

Freehold