Lot 8 : Freehold 1 bedroom starter home subject to an Assured Shorthold Tenancy

4 Herongate, Shoeburyness. , SS3 9SJ

Guide price*

£140,000

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Features

  • Investment opportunity
  • Garage and off street parking

Description

INVESTMENT OPPORTUNITY WITH POTENTIAL FOR RENT UPLIFT. A 1 bedroom starter home, being sold subject to an Assured Shorthold Tenancy producing £6,264 per annum, with the added benefits of its own rear garden, off street parking and a garage. The property is situated in a popular and convenient location within close proximity of Asda Superstore, bus services to surrounding areas and the Seafront. The property is ideal for buy to let investors.

ACCOMODATION  

Upvc entrance door leading to
 
Lounge: 13'2'' x 11'3'' (4.01m x 3.43m) Double glazed window to the front. Stairs to the first floor. Archway to:
 
Kitchen: 13'1'' x 4'8'' (3.99m x 1.42m) 
Double glazed window to the front. Range of matching wall mounted and floor standing storage cupboards fitted with contrasting work surfaces.
 
First floor landing: Storage cupboard with sliding doors. Loft entry. Doors to:
 
Bedroom: 11'1'' x 11'1'' (4.09m x 2.6m) Double glazed window to the front.  

Bathroom/w.c: Double glazed window to the front. Suite comprising panelled bath, pedestal wash hand basin and low level w.c. Wall Tiling.

EXTERIOR 
Rear garden: 20' x 42' approx. (6.12m x 6.72m). Lawn with borders and fenced boundaries.

Garage: Up and over door and a personal door to the rear garden
 
Off street parking: Space for one vehicle in front of the garage.                                                   

ENERGY PERFORMANCE RATING  C


TENANCY
 
A 12 month Assured Shorthold Tenancy commencing 17/12/2016 at a rent of £522pcm thus producing £6,264 Per Annum.
 

VIEWING 

By prior appointment with the Auctioneer and at the courtesy of the Tenant.


4 Herongate, Shoeburyness. Open in google maps

This property currently has no floor plans to display.

This property currently has no epc‘s to display.

General remarks

Tenanted properties may only be viewed by prior arrangement with Hair & Son. The Auctioneer reserves the right to divide or sell part of any lot or offer two or more lots together.

*An important note on guide prices

We issue a guide price for each property. These are not the same as reserve prices which are the undisclosed figure below which the property will not be sold “under the hammer”. The guide prices are usually set at the lower end of the vendors expectations. Guide prices are sometimes adjusted between publication of the catalogue and the auction sale, these adjustments are shown on our web site. They can go up especially if pre Auction offers are received and declined in excess of the guide, or they can go down. Within the industry the reserve is expected to be within 10% of the final guide price. As a general rule our reserves over the past year have not exceeded the price guides in the catalogue.

See our Notice to Bidders

Occasionally properties are sold prior to auction and we recommend that prospective purchasers check with this office on
01702 39 49 59 on the morning of the sale to confirm that the property in which they are interested is still available.

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Lot 8 4 Herongate, Shoeburyness. , SS3 9SJ

Freehold 1 bedroom starter home subject to an Assured Shorthold Tenancy £140,000

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Lot 8 : • 4 Herongate, Shoeburyness. , SS3 9SJ

Freehold 1 bedroom starter home subject to an Assured Shorthold Tenancy • £140,000

Auction on 5th October 2017 3pm

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