A well presented, high yielding, long leasehold studio flat close to Taunton town centre. ERV £5,100 pa, vacant

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Description/Location

The top floor apartment forms part of an attractive Victorian conversion and is ready for occupation. Taunton railway station 0.3 miles. Potential rent £425 pm. The property has been previously let successfully for a number of years.

Tenure

Leasehold - 999 years from 01/01/2006
Energy Rating: E
Council Tax: A

Local Authority

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

Viewing

Please contact Gibbins Richards on 01823 332828.

Accommodation

Second floor: Sitting room/bedroom with open plan kitchen area, shower room Outside: Bike store, communal garden

Rent

Estimated rental value £5,100 p.a.

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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.