5 Bedroom Block of Flats

Great investment opportunity with further potential to increase the rent. We offer for sale is this five bedroom pair of flats located in a popular residential area well served by the local amenities. The properties are both currently tenanted at a combined income of approx £1,150pcm and comparable properties are generating approximately double this amount in rent.

The pair consists of a two bedroom ground floor flat and a three bedroom first floor flat both double glazed window and gas central heating. The ground floor flat briefly comprises entrance lobby, entrance hall, tow bedrooms, living room, kitchen, cloak/wc and bathroom. Externally there is a yard to the rear. The first floor flat briefly comprises entrance hall, three bedrooms, living room, kitchen, cloak/wc and bathroom.

EPC rating: to be advised and D
Council Tax band: B and B
Tenure : Freehold

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION TAKING BIDS NOW OPTION 1

No 10

Entrance Hall
Stairs leading to the first floor landing, radiator and built in cupboard.

Bedroom One
16’07 x 10’11 into bay
Double glazed window to front elevation and radiator.

Bedroom Two
8’04 x 8’10
Double glazed window and radiator.

Bedroom Three
8’04 x 8’04
Double glazed window to rear elevation and radiator.

Living Room
12’01 x 9’05
Double glazed window to rear elevation and radiator.

Kitchen
14’09 x 10’00
Range of wall and floor units with laminate worktop surfaces, sink unit and drainer, built in electric oven and gas hob with extractor hood, plumbing for washing machine, tiled splashback, double glazed window and access with stairs to rear.

Cloak/wc
Low level wc, double glazed window and tiled splashback.

Bathroom
Bath with shower over, pedestal wash hand basin, radiator, double glazed window and tiled splashback.

No 8

Entrance Lobby
Entrance door

Entrance Hall
Radiator and built in understairs cupboard.

Bedroom One
16’07 x 13’02 into bay
Double glazed bay window to front elevation and feature fire surround.

Bedroom Two
9’01 x 8’03
Double glazed window to front elevation and radiator.

Living Room
12’10 x 10’10
Double glazed window to rear elevation, radiator and built in cupboard.

Kitchen
11’05 x 10’02
Range of wall and floor units with laminate worktop surfaces, built in gas hob, double sink unit, central heating boiler, plumbing for washing machine, tiled splashback, radiator, double glazed window, access door to rear and built in electric oven.

Cloak/wc
Low level wc and doubled glazed window.

Bathroom
Suite comprises pedestal wash hand basin, bath with electric shower over, radiator and tiled splashback.

Externally
Yard to rear.

Disclaimer 1
None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.