Tenanted Block of Flats Isle Of Wight PO31 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

Guide Price: £470,000
Auction Date: 01/11/2024

Guide Price £470,000 - £490,000. A freehold self-contained block of six two-bedroom apartments. ive of the six flats are let under the terms of Assured Shorthold Tenancy Agreements and producing a very worthwhile income, while the sixth flat is at present vacant having recently undergone a programme of upgrading and refurbishment. There are communal gardens to the rear of the building and the block is considered ideal for addition to an income-producing letting portfolio. Currently let at £35,100 per annum, plus vacant flat. Estimated rental income when fully let £43,440 per annum.

For further information about this property

Register

  • Detailed property descriptions and addresses, streetviews, Google Maps and virtual tours.
  • Auctioneers' website links, contact details and catalogues
  • Auctioneers' directory providing contact information for auction houses around the UK
  • Auction calendar displaying forthcoming auction dates
  • MyUKAL facilities enabling you to save properties of interest and set up property alerts.
`

Moving Home

UK Auction List works with our partner, Really Moving to provide everything you need for a stress-free move.

Conveyancing

Chartered surveyors

Removals