Withdrawn prior to auction

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Freehold rental investment. A substantial 3 storey building (1,238 sq.ft. - source EPC) comprising 1 x 1 bedroom flat, 1 x studio flat and 3 x letting rooms, all let on AST's producing £29,800 per annum

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Description/Location

A well presented property located in the Trinity area of Taunton, approximately a 10 minute walk to Taunton town centre. Taunton railway station approx. 0.8 miles.

Tenure

Freehold
EP

Local Authority

Somerset West and Taunton Council 01643 703704 https://www.somersetwestandtaunton.gov.uk/

Viewing

Please contact Gibbins Richards on 01823 332828.

Accommodation

Ground floor: Flat 1 - living room with kitchen area, bedroom, shower room EPC rating D, Current rent £650 p.c.m. Flat 2 - Studio room with kitchen area, shower room EPC rating C, Current rent £450 p.c.m. First floor: 2 x letting roooms, kitchen, shower room EPC rating E, Current rents £80 per week and £90 per week. Second floor: 1x letting room, kitchen shower room EPC rating E, Current rent £560 p.c.m.

Rent

Current rent £28,760 per annum

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.