GROSS RENT / YIELD
£9,540 / 6.4%
NET RENT / YIELD
£7,327 / 4.9%
Tenants that stay for long periods feel they have a stake in the property and are more likely to treat it as though it was theirs.
1 reception room
GOTO Online Auctions is a new, innovative and pioneering platform for buying and selling property. Open to both cash and mortgage buyers. It provides all the benefits synonymous with traditional auctions, including: speed and certainty of sale, transparency and zero risk of gazumping or double-selling but with the added advantage of being able to bid pressure-free from the comfort of your own home or office via desktop, tablet or mobile phone. GOTO Auctions also offers a Buy-it-Now feature which allows you to place an offer and purchase before the Auction end date.
Auctioneer's comments This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be required to exchange contracts immediately after the fall of the virtual hammer, however the buyer will be given 56 working days in which to complete the transaction, from the date the Draft Contract is received by the buyer’s solicitor, with the aim being to exchange contracts within the first 28 working days. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Information Pack which can be downloaded for free from our website or requested from our Auction Department. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £4,800 including VAT plus an administration charge of £354 including VAT, a total of £5,154. This secures the transaction and takes the property off the market. The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.
£9,540 p.a. / £795 pcm
TENANCY AGREEMENT STARTED
8 months ago
TENANCY AGREEMENT ENDS
Documents available on request, please contact for viewings or further questions.
The information relating to the property is supplied by the vendor and the latest available at the date of listing.
Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.
VIEW FINANCIALS WITH
GROSS RENT PER ANNUM
GROSS RENTAL YIELD
NET RENT PER ANNUM
NET RENTAL YIELD
FULLY MANAGED OPERATING COSTS
Click to understand assumptions.
Profit & Growth
ANNUAL (PRE-TAX) PROFIT
Click to understand assumptions.
HPI GROWTH (PREV 5 YRS)
All financial information is provided as a guideline only, is based on estimates and assumptions and is subject to change. Buyers are advised to seek independent financial advice. Capital at risk.
Business / Economy
All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.
Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.
Copyright © 2019 Vesta Global Limited. All rights reserved.