Withdrawn prior to auction

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A well maintained freehold building comprising 6 flats (5 x 1 bed, 1 x studio) and a car park, let.

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Description/Location

The property is situated in an established residential area close to local amenities, there is car park to the rear. Comprising 5 x 1 bedroom flats and a studio flat, let on Assured Shorthold Tenancies currently producing £27,060 pm. One flat is currently vacant, at full occupancy the estimated rental value is £32,640 p.a.

Local Authority

Cornwall Council 0300 1234 100

Viewing

Please contact Elliott Network Auctions on 020 7871 0420

Accommodation

Flat 1 Entrance hall, living room/kitchen, bedroom, shower room. Let on an AST for 6 months from 22/09/2021. Now periodic. Rent £375 per month. Flat 2 Entrance hall, living room/kitchen, bedroom, shower room. Let on an AST for 6 months from 16/05/2022. Rent £420 per month. Flat 3 Entrance hall, living room/kitchen, bedroom, shower room. Vacant. Flat 4 Entrance hall, living room/kitchen, bedroom, shower room. Let on an AST for 6 months from 27/02/2022. Rent £420 per month. Flat 5 Entrance hall, large studio flat with living room/kitchen/bedroom, shower room. Let on an AST for 6 months from 15/04/2021. Rent £465 per month. Flat 25A Entrance hall, living room, separate kitchen, bedroom, shower room, garden. Let on an AST for 6 months from 25/01/2022. Rent £575 per month.

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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.