Sold for £70,000

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A well presented 2 bedroom first floor flat (624 sq ft, source EPC) with parking space in Taunton town centre, vacant.

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Description/Location

The property has 2 double bedrooms and is located in the heart of Taunton town centre. Taunton railway station approximately 0.7 miles. We estimate the current rental value is £625 pcm, the rental yield could be significantly increased by letting individual rooms.

Tenure

Leasehold - 999 years from 24/06/1988

Local Authority

Taunton Deane Borough Council

Viewing

Please contact Gibbins Richards on 01823 332828.

Accommodation

First floor: Entrance hall, lounge, kitchen, 2 double bedrooms, bathroom, separate w.c. Outside: Parking for one car

Rent

Potential rent £7,500 per annum

Virtual Tour

Virtual Tour 2B East Reach

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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.