Withdrawn prior to auction

---

Freehold residential investment comprising 3 x 2 bedroom flats and 1 x 1 bedroom flat.

---

Description/Location

Residential investment comprising 3 x 2 bedroom flats and 1 x 1 bedroom flat. Currently 3 flats are let on Assured Shorthold Tenancies producing an income of £26,448 p.a. The 1 bedroom flat is currently vacant with an estimated rental value of £495 p.c.m. Therefore the estimated total income when fully let is £32,340.

Tenure

Freehold

Local Authority

Cornwall Council 0300 1234 100

Viewing

Network Auctions - 020 7871 0420

Accommodation

Flat 1: Living room/kitchen, 2 bedrooms, shower room/wc. Rent £775 p.c.m. Flat 2: Living room/kitchen, 2 bedrooms, shower room/wc. Rent £710 p.c.m. Flat 3: Living room/kitchen, 1 bedroom, shower room/wc. Vacant. Flat 4: Living room/kitchen, 2 bedrooms, shower room/wc. Rent £715 p.c.m.

Rent

Estimated when fully let £32,340

View Larger Map

View larger map on Google Maps.

*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.