Lot 11 - Flat, 3 Victoria Road, Saltney, Sir Y Fflint, CH4 8ST
- Unconditional Online Auction Sale
- Guide Price* : £60,000 plus
- Residential Investment
- Let at annual equivalent £8,400
- 14% gross yield at the guide price
- Convenient location
Residential Investment comprising a self contained 2 bedroom duplex marionette producing an annual equivalent rent of £8,400
Description
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST*The property comprises a self contained 2 bedroom maisonette on the first and second floor with it's own ground floor entrance. The accommodation comprises at first floor level, the living room, kitchen and bathroom and at the second floor are the 2 bedrooms. The property will be sold with a tenant in situ and the monthly rent is £700 equivalent to £8,400 per annum representing an attractive gross 14% yield at the guide price.
Location
Situated in a convenient location, at the junction of Victoria Road and High Street within a neighbourhood shopping parade and close to local amenities and bus routes that run along the High Street (A5104). Saltney straddles the English and Wales border and is very close to the Cathedral city of Chester which lies approximately 2 miles to the east. The town has excellent road communication links, with the A55 and M53/M56 motorways all within easy reach.
Tenure
Leasehold for a term of 999 years from 29th February 2008.
EPC
Energy Asset Rating is D.
Council Tax Band
A
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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