Know what you are buying before you bid with a Legal Pack Summary:
Clive Emson Online Auction describes this property as:
A well proportioned two bedroom flat situated in a purpose built block close to St Austell town centre with its range of shopping and amenities. The block is serviced by a lift facility, has a resident laundry room and is considered suitable for continued use as an investment. Ground and First Floors. Separate communal entrances at ground and first floor level each with a respective intercom system. There is a store for the flat at first floor level. Seventh Floor. Entrance hall, living room, kitchen, two bedrooms and bathroom with W.C. Outside. Designated visitor parking and resident parking which is available by separate rental agreement. Tenancy. Let on an Assured Shorthold Tenancy Agreement at a rental of £575 per calendar month. The current tenant has been in occupation for approximately twelve years with no history of rent arrears. Tenure. Remainder of a 125 year lease from 29th January 2001 at a current ground rent of £10 per annum. Auctioneer’s Note 1. A floor plan with dimensions has been produced by the seller and is available from the auctioneers by request. Auctioneer’s Note 2. The Auctioneers have been advised by the seller that there is no external cladding on the block. ...
For viewings, biddings or more information:Go to the Clive Emson Online Auction Website
Local Market Data
We have no current sold data to provide comparisons for this lot.
The following data is based on a LEASEHOLD 2 bedroom FLAT. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.
Average weekly rental: £166
Average yield: 6.7%
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