An investment opportunity to acquire a modern 3 double bedroom, 3 storey property in an excellent location. The property sits within a high demand area for BTL properties with similar houses rented out both as a single dwelling as well as a house share.
The property has the potential to generate a healthy yearly rental income in the region of £20k making this a good BTL proposition for landlords. These figures could be enhanced if let room by room.
The property also has the potential to be a family home and briefly consists of an entrance hall, open plan living / dining / kitchen room on the ground floor, on the 1st floor there is a master bedroom with ensuite, a further bedroom and family bathroom, on the 2nd floor is an additional double bedroom. Externally there is a converted outbuilding.
Beeston Courts enjoys a superb location, close to local shops, local schools and popular bus routes. It is also just 0.2 miles from Laindon Rail Station, providing direct C2C services into London Fenchurch Street.
Accommodation
Entrance Hall
Living/Dining Room and Kitchen
D/S WC
1st Floor Master bedroom with Ensuite
Bedroom Two
Family Bathroom
2nd floor Bedroom Three
Draft Sales Particulars These sales details are awaiting vendor approval.
Costs
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
