For Sale £58,500
89 Bolckow Road

EPC For 89 Bolckow Road

DESCRIPTION


DESCRIPTION The property has recently been refurbished by the landlord and provides modern accommodation within 4 individual units. The property comprises of: communal entrance hallway, a mix of modern individual units:

X2 Studio apartments with kitchen and bathroom
X1 Larger style one bedroom apartment with lounge, bedroom and bathroom
X1 One bedroom apartment with bedroom, lounge and kitchen area and bathroom

All rooms have been recently refurbished and painted by the landlord. Expected rental income per unit would be £85 per week. One of the studio apartments is currently let and we understand the current rent is £85 per week this figure will need to be confirmed prior to purchase.

Total annual income (with all units let) £17,680.00

AUCTION TERMS This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyers solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of 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 Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd. TO VIEW OR MAKE A BID Contact the agent.

DISCLAIMER These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. All measurements given are for guidance only. Where terraced properties, linked-detached or other 'linked or joined' properties are shown the photographs may also show neighbouring properties, please check with the agency which property the details relate to if you require clarification. The intending purchaser or tenant must rely on their own inspection of the property and may wish to instruct an independent surveyor to clarify any queries they may have prior to making an offer. None of the above appliances/services have been tested by ourselves. Where a property is listed as Let Out, Under Offer or Sold means the property is no longer available and may refer to a third party letting or selling the property. All photographs contained within this property description are copyright (c) GB UK SERVICES LTD 2016 and must not be used without prior written consent. , Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.

For further details on this property please give our office a call
01207 241 111 ARRANGE A VIEWING

ARRANGE A VIEWING