Kings Mead, Driffield, YO25 5FD2 Bedroom Detached Bungalow
Council Tax
Band: Unknown
Tenure
Unknown
This two bedroom detached bungalow is sure to appeal to investors looking for a secure addition to their portfolio. At present, the property is let on a assured periodic tenancy producing an annual income of £7,644. Unfortunately Auction House have been unable to inspect the property but information taken from the register of fair rents suggests it comprises a living room, kitchen, two bedrooms and a bathroom. Externally the property has gardens to the front and rear with a driveway leading to a garage at the side.
The property is located in the picturesque market town of Driffield with the local train station just a mile away.
We regret that no viewings will be available prior to the auction and ask all interested parties to respect the tenants privacy.
Please note a 30 working day completion applies to this property.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Additional Information
Charges and Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
Guides 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. Each 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.
Council Tax
Band: Unknown
Tenure
Unknown
Key Features
- For sale by auction on the 6th July 2022
- Guide price £160,000+
- Two bedroom detached bungalow
- Regulated tenancy vurrently genarating £7,644 pa
- Located in the market town of Driffield.
Description
This two bedroom detached bungalow is sure to appeal to investors looking for a secure addition to their portfolio. At present, the property is let on a assured periodic tenancy producing an annual income of £7,644. Unfortunately Auction House have been unable to inspect the property but information taken from the register of fair rents suggests it comprises a living room, kitchen, two bedrooms and a bathroom. Externally the property has gardens to the front and rear with a driveway leading to a garage at the side.
The property is located in the picturesque market town of Driffield with the local train station just a mile away.
We regret that no viewings will be available prior to the auction and ask all interested parties to respect the tenants privacy.
Please note a 30 working day completion applies to this property.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Additional Information
Charges and Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
Guides 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. Each 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.
