For Sale By Auction | 11:00, 11 December 2024 | Lot 78

5-9 Drakes Yard, Queen Street, Haverhill, Suffolk CB9 9DZ

*Guide | £460,000 (plus fees)

  • Block of Apartments
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Wed 11/12/2024

Auction Time

11:00

Auction Venue

Livestream Auction

Fully tenanted block of five apartments situated in the centre of Haverhill with a yearly income of £43,560.

This is an excellent opportunity for an investor to acquire a fully tenanted block of five apartments, currently yielding an income of £43,560 per annum, with potential for further increase. The property includes four one-bedroom apartments and one two-bedroom apartment, all occupied under assured shorthold tenancies. Situated in Haverhill, within close proximity to supermarkets, local shops, cinema and leisure centre.

Tenure

Freehold

5 Drakes Yard

One Bedroom Rent - £750 EPC - D

6 Drakes Yard

One Bedroom Rent - £610 EPC - D

7 Drakes Yard

One Bedroom Rent - £750 EPC - C

8 Drakes Yard

One Bedroom Rent - £695 EPC - D

9 Drakes Yard

Two Bedroom Rent - £825 EPC - E

Council Tax Band

A

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

West Suffolk Council

Offered in association with

Balmforth

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £1440 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.