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Our Summary
- Auction registration is now open
- The auction will commence midday March 25th 2026 and conclude midday March 26th 2026
- The flat has been finished to a high standard and offers excellent investment opportunity
- ****online auction**** Guide Price: £63,000 For sale online from 25/03/2026 12:00
- All bidders pay A holding fee in order to bid in the online auction
- If sold prior to auction no holding fee applies but A buyers' premium is required to exchange
- (unless stated different on the contract) ***pre-auction offers welcome*** We have for sale by Online Auction a studio flat in the very popular Tycoch Square
- The flat has been finished to a high standard and offers excellent investment opportunity and can also be used as serviced accommodation
- Please note legal packs can be downloaded through The Property Auction House website
- We always strongly recommend ensuring your finances are in place prior to the auction, due to the timescales involved
- A buyer's premium fee is only payable should a property be sold pre auction, this fee is 2% subject to a minimum fee of £4,000 +VAT
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Description
This studio flat in Tycoch Square is being sold by online auction with a guide price of £63,000. The property has been finished to a high standard and offers an excellent investment opportunity or can be used as serviced accommodation. With a long lease and no service charge or lease payments, it's a great option for investors.
The property is currently rented out at £700 per month, representing a 12% yield. The flat is located on the first floor and has a living area, kitchen, bedroom, and shower room. All bidders must pay a holding fee to participate in the auction, and the successful bidder will be required to pay a 10% deposit and complete the transaction within 28 days.
A buyer's premium fee applies if the property is sold pre-auction.