A pair of town houses which have been divided into 9 self contained apartments, well presented as residential investment generating an annual income in excess of £65,000 per year, for sale by Public Auction on Wednesday 4th December 2024.
Centrally located within an established residential area, this property was originally two separate houses and although each house has been converted into apartments, they both remain as stand-alone units. One of the houses now provides five separate apartments, along with a communal utility room, an enclosed rear garden and hard standing at the front. The adjacent house has been converted to four separate apartments and this also benefits from a communal utility room, an enclosed garden and hard standing to the front.
Both properties were converted in 2005 with all of the apartments benefiting from their own shower room, fitted kitchen cupboards with appliances, and with the exception of room 9 which is a one bedroom, the other units are all studio apartments. Two of the units benefit from gardens and another two have balconies. The property has been consistently fully let with many of the tenants in occupants for several years.
4th December 2024
12:00pm
Delta Marriott Hotel Timbold Drive, Milton Keynes, Buckinghamshire MK7 6HL
Price Information
*Guides 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 (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer’s premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
