Ground Floor Flat

A two bedroom ground floor flat, situated in Highbridge, Burnham-On-Sea. This property is currently tenanted and achieving £795 per month and £9,540 per year. This offers a potential rental yield of 63.3% based on the guide price.

Tenure

Leasehold.

AUCTIONEERS NOTE

TENANT INFORMATION: This property is currently tenanted and achieving £795 per month and £9,540 per year. This offers a potential rental yield of 63.3% based on the guide price.

LEASE INFORMATION

Lease: 999 years from 1 October 2005 Ground Rent: Service Charge:

ACCOMMODATION

Communal Hallway Entrance Hall Lounge: 20' 6" x 10' 1" Kitchen: 7' 1" x 7' 0" Bedroom One: 20' 5" x 11' 0" En-Suite Shower Room: 5' 7" x 5' 3" Bedroom Two : 12' 8" x 10' 0" Bathroom: 7' 7" x 5' 7"

VIEWINGS

Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.

FULL DETAILS

Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.

NOTICE TO BIDDER

Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

Local Authority

Somerset County Council

Additional Fees

Buyer's Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - £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.