Freehold House for Sale with Three Individual Flats

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Details ID: 4400
Description Bookmark

The properties are being sold on auction to the highest bidder starting price of £150,000 for a quick cash sale. 

As you can see from the photos these flats are. 
lovely and ready to be rented. The photos are. 
only 2 months old. 

all flats have separate and individual leasehold for more than 99 years. 

The flats are on ground first and the second floor. 

each property has a bedroom, sitting room, separate kitchen which is quite large and bathroom and toilet. There are 4 gardens on the site and one of the properties in the building is sold off and has only been sold in December 2019 for £110,000. 

All the flats in the building are similar and they are sold as one flat together with the freehold.

The decoration has only been done and that alone cost £30,000 for each flat

new bathrooms, toilet and kitchen and wooden floors and newly painted.

The property will be suitable for rental investment, pension and will give you money back of £1500 per month for the three flats.

There is a possibility that you can get planning to build further flats on the car park so there are many potentials in this property.

There are three gardens two at the front
and there is a car park for 8 cars and is a private car park.

The property has a lovely fenced garden area

valuation of the property has been done only last week for £110,000 to £130,000 for each flat so this reserve is very attractive. Which means the true retail value of the three flats is £330,000 for all the flats.


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