4 bedroom Block of Apartments in Burton upon Trent
Flats A - D, 29 High Street, Burton upon Trent, Staffordshire DE14 1JN
- Lot No: 65
- Property Type: Block of Apartments
- Contract Type: Unconditional with Fixed Fee
Guide Price* £145,000+ plus fees
Property Description
The apartments are offered part let at a combined rent of £12,540 with a potential income of £18,000 per annum once fully let, offering a potential return of 11% at the current guide price. The apartments are located over the first and second floors of number 29 High Street, a handsome three storey, red brick building. Situated close to a great range of bars, restaurants and shopping facilities. The property will be sold with the benefit of a brand new lease in place, details of which will be confirmed within the legal pack. Each flat comprises; Lounge, kitchen, bedroom (one flat has a bedroom with no window) and shower room. The Auctioneers have not inspected the property but believe it to comprise:
Ground Floor:
Reception hallway with stairs leading to the first floor.
Flat A
Lounge, Kitchen, Bedroom, Shower Room.
Flat B
Lounge, Kitchen, Bedroom, Shower Room.
Flat C
Lounge, Kitchen, Bedroom, Shower Room.
Flat D
Lounge, Kitchen, Bedroom, Shower Room
NOTE
The internal photos were taken approx 1 year ago.
Tenure
Leasehold
Auction Details
Date 29th October 2020
Venue National Property Auction - Day 1 (Residential)
The National Property Auction (Residential) will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
Lot Information
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