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Block of apartments for sale
Boothfold House, Booth Road, Waterfoot, Rossendale, Lancashire BB4 9BD
£325,000
Boothfold House, Booth Road, Waterfoot, Rossendale, Lancashire BB4 9BD
£325,000
Our Summary
- Online Auction - 11th to 12th June 2024
- The rentals are historic and believe there to be potential to increase to between £2,500 - £2,750pcm (£30,000 - £33,000pa) Rental Income: Flat A - (95sqf) Flat B - (44sqft) Flat C - (11sqft) Flat D - (30sqft) Flat E - (44sqft) For further tenancy information, please refer to the legal pack
- IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid
- If you are the successful bidder, you are required to pay the deposit and auction fees immediately
- You must not bid unless you wish to be bound by the common conditions of auction
Description
Five individual one bedroom apartments are being sold through an online auction from June 11th to 12th, 2024. The apartments are located in a freehold building and are currently rented out, generating an income of £2,025 per month. The rentals are expected to increase to between £2,500 and £2,750 per month. The apartments are located in Rossendale, with Council Tax Band A for all five apartments. Finance is available for purchase. The building consists of four apartments located in the main building, with one apartment having its own private entrance. The apartments feature open plan kitchen/diner/living rooms, bedrooms, and bathrooms. There is also residents parking available. It is important to note that buying at auction is a legally binding commitment, and bidders must be aware of the terms of the sale memorandum and the auction fees.