Property Details: • Type: Apartment • Tenure: N/A • Floor Area: N/A
Key Features: • FOR SALE BY MODERN METHOD OF AUCTION – T & C’s APPLY • SUBJECT TO RESERVE PRICE • BUYERS FEES APPLY • FANTASTIC INVESTMENT OPPORTUNITY • CURRENTLY GENERATING £23,700 INCOME PER YEAR • THREE SEPARATE APARTMENTS • ALLOCATED PARKING • CLOSE TO TRAIN STATION & TOWN CENTRE
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 15 Fore Street Trowbridge BA14 8HA
Full Description: This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £230,000 + Reservation Fee. An opportunity to acquire a portfolio of 3 separate properties within Helens Court which are currently let achieving a combined £22,500 of income per year. Each property has allocated parking and they are found a short walk from both the town centre and train station. With some improvements, the achievable rental income may be increased when reviewed. One property is currently on a rolling month tenancy with the others being in fixed agreements until May and September 2025 respectively. EPC's1 Helens Court - D9 Helens Court - C17 Helens Court - CLeasesThe three properties are leasehold with the current leases running to 1/1/2988. There is £25 per property per year payable as ground rent with the service charges being £732 per annum for the one bedroom properties and £998 per annum for the two bedroom. The building is managed by a local management company called Layzell's.Auctioneer CommentsThis property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day ReservationPeriod. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer InformationPack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recentinformation on the Buyer Information Pack fee, please contact the iamsold team.The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchaseprice inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during theReservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if theservice is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.BrochuresParticulars
