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2 bed flat
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Our Summary
- Ideal Investment opportunity
- Potential for Modernisation and Value Add
- Tenants in-situ (£13,800pa rental yield with scope to increase) giving a with a 9
- Guide Price £195000 * Plus 5% Buyers Premium + VAT For sale by unconditional online auction on the 30th of July 2025
- 59m): A functional kitchen offering plenty of potential for modernisation, with access to the rear garden
- 70m): A family bathroom that would benefit from updating, with room to enhance
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Description
This property is a leasehold, with 87 years remaining on the lease, and is being sold through an unconditional online auction on July 30th, 2025. The property is located in a central area and is ideal for a first-time buyer or investor, with a 9.7% annual rental yield and tenants already in place. The property features two bedrooms, a living room, kitchen, and bathroom, with a private rear garden and on-street parking available.
The property is in need of some modernization, particularly in the kitchen and bathroom, but offers plenty of potential for improvement. The location is convenient for local amenities, schools, and transport links, making it an attractive option for those looking for a hassle-free investment or first home.