About this property
Key Features
Current gross rental income £25,020 per annum
Fully let on Assured Shorthold tenancies
Freehold investment opportunity
End terrace 2 storey house divided into 4 self-contained apartments
Description
A 2 storey house of solid brick construction under a pitched roof covered with concrete tiles. The property, known as Carrara House, has been divided into 4 self-contained flats which produce a current rental income of £25,020 per annum.
The property consists of 2 ground floor and 2 first floor flats all of which benefit from gas fired central heating.
The accommodation comprises :
No.39 (Rear ground floor): – Living room; Kitchen with range of MDF base and wall units; Lobby; Shower room with white wc, wash hand basin and separate shower cubicle; Double Bedroom.
No.39a (Front ground floor): – Kitchen/Living room with range of MDF base and wall units; Bathroom with wc, wash hand basin and bath; Double Bedroom; Dining room.
No. 39b (First floor): – Living room with large storage cupboard; Kitchen with range of MDF base and wall units; Double Bedroom; Bathroom with wc, wash hand basin and bath.
No.39c (First floor): – Double Bedroom; Living room/Kitchen with range of MDF base and wall units; Bathroom with white wc, wash hand basin and bath.
Outside: The property has a small amount of outside space to the rear of the building which can be accessed to the right hand side of the building.
EPC Rating: D
Tenure
Freehold subject to Assured Shorthold tenancies
Location
Carrara House can be found mid-way along Clay Street, which is just off the west of Soham High Street and therefore only 150m from the excellent range of shops, facilities and services that the town has to offer.
The town of Soham lies between Ely and Newmarket, just off the A142 and connecting road.
Lot Type
Residential
Legal Packs
www.cheffins.co.uk/propertyauctions or Ward Gethen Archer Solicitors, Market Place, Ely, CB7 4QN Tel: 01353 662203 Ref: AK
Viewing
Cheffins Property Auction Dept 01223 213777
Important notes
*Guide prices 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 price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.�