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Guide price
£380,000

3 bedroom maisonette for sale

Poppy Mead, Stevenage SG1
Auction
Maisonette
3 beds
Added > 14 days

Key information

TenureFreehold
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

Guide Price £380,000 Plus Fees
For sale by unconditional online auction, registration is now open. Bidding opens on 30/04/2025 09:00 and ends on 30/04/2025 10:06.


For sale by online auction on 30 April 2025
Investment Opportunity
Converted Semi Detached
Currently 2 x Maisonettes
Net Rental Income £2900 pcm
Can Be Sold Tenanted or Vacant
Off Street Parking - 2 Vehicles
Quiet Cul-De-Sac Location

* Empty or tenanted opportunity * Offering an 9% yield at guide price, this is an outstanding investment opportunity featuring two, well appointed, modern maisonettes in a converted, semi detached property with off street parking for 2 vehicles, perfectly situated in the a quiet cul-de-sac, just a short walk from the picturesque Fairlands Valley Lakes.

These one and two bed properties are currently tenanted but can be sold either vacant or with a guaranteed rent contract for £2900 (£1200 and £1700 respectively), offering flexibility for a buyer. Please note that the £2900 is a net figure as management fees, bills and maintenance are included within, making this an excellent investment.

Tenure
Freehold

Terms

Legal Pack

To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.

Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.

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About this agent

Town & Country Property Auctions - London
Town & Country Property Auctions - London
77 High Street Walton On Thames KT12 1DN
01932 688017
Full profileProperty listings
Town & Country can trace their history back to the early building societies of the nineteenth century, and more latterly the Town & Country Building Society which was formed in 1974. Town & Country Estate Agents formed in 1991 gaining immediate success with a model putting customer service to the forefront. Following expansion over North Wales, North-West and Shropshire, estate agency headquarters were established in Chester City Centre in 2007. 2010 saw the establishment of Town & Country Property Auctions with expansion into the UK, Ireland and overseas in 2018. The continued growth of TCPA nationwide has facilitated a move to new prestigious premises at Regus House, Chester followed by the development of a new digital marketplace for property auctions, with the goal of providing an easy to use, transparent platform for auction buyers and sellers in the modern ag
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