2 bedroom Block of Apartments in Burton on Trent
145 Waterloo Street, Burton on Trent, Staffordshire DE14 2NG
- Lot No: 23
- Property Type: Block of Apartments
- Contract Type: Unconditional with Variable Fee
Guide Price* £59,000+ plus fees
Result Sold at Auction £78,000
Property Description
The property is situated in a good location which gives access to a superb range of amenities within the town centre and is within easy reach of the train station and Burton Hospital. The flats are both let out on assured shorthold tenancies at £330 per calendar month each which gives a annual rental income of £7,920 and a yield of around 13% if purchased at the current guide price.
FLAT TWO - FIRST FLOOR
Comprising -
Outside
There is a garden to the rear and the first floor flat also has its own decked balcony area.
Tenancy Details:
The Auctioneers have not inspected the tenancy agreements therefore the rental income cannot be confirmed.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 28th May 2020
Venue National Property Auction
The auction will be conducted by our auctioneer, Andrew Parker, behind closed doors and broadcast live online with remote bidding only. Please visit the homepage of our website to submit a bid.,
Lot Information
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