FOR SALE BY PUBLIC AUCTION ON THURSDAY 25TH JULY AT 12PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE. \r
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BUY TO LET INVESTMENT: A FREEHOLD SEMI-DETACHED HOUSE ARRANGED AS TWO FLATS BOTH CURRENTLY LET SHOWING AN INCOME OF £26,400 PA FROM AUGUST 2024 \r
This Freehold property is currently arranged as two flats both of which are currently let and are to be sold with the tenants remaining in occupation. The rent on Flat 39 will be £1,050 pcm from the 20th Aug 2024 and the rent on Flat 39A will be £1,150 pcm from the 13th Aug 2024. Each flat benefits from a section of the rear garden. The premises are located within close proximity of Hamlet Court Road shops and restaurants and a short distance from Westcliff on Sea Railway Station.\r
Ground Floor Flat:\r
Lounge: 12'10 x 11'7\r
Kitchen: 11'8 x 6'11\r
Bedroom One: 16'2 x 11'7\r
Bedroom Two: 12'5 x 11'7\r
Bathroom / Wc\r
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First Floor Flat:\r
Lounge: 16'1 x 11'\r
Kitchen: 8' x 7'11\r
Bedroom One: 12'7 x 11'9\r
Bedroom Two: 11'11 x 10'11\r
Bedroom Three: 8'10 x 6'4\r
Bathroom / Wc\r
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We are informed that both flats are currently let on AST agreements.\r
The rent on Flat 39, from the 20th Aug 2024, will be £1,050 pcm\r
The rent on Flat 39A, from the 13th Aug 2024, will be £1,150 pcm\r
We have been advised that there is a knotweed treatment plan in place at the back of the property, with an Insurance Backed Guarantee, and that currently a £25k subsidence excess applies to this property. Please refer to the Legal Pack for further information.\r
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Both flats are currently rated as a: D