LOT 04

GUIDE PRICE: £300,000 - £325,000

1, 3, 5 & 7 Granary Close, Spilsby, Lincolnshire, PE23 5BP

Solicitor Details

Frisby & Small, 5-7 De Montfort Street, Leicester LE1 7GE Tel: (0116) 233 5522 ~ Ref: J Crowson

*Guide Price & Reserves

RESIDENTIAL INVESTMENT / BLOCK OF APARTMENTS

Property Description

A well presented and modern block of 4 flats with 2 bedrooms, gas central heating, double glazing and allocated parking space.

Location:

The property is located on the outskirts of the town, in a quiet cul-de-sac off Partney Road and near to Woodlands Academy.

Tenure

Freehold, subject to existing tenancies.

FLAT NO. ACCOMMODATION SQFT (SQM) EPC PERIODIC TENANCY COMMENCING RENT £ PAX
GROUND FLOOR
1 Lounge/kitchen/diner, 2 bedrooms, one ensuite, bathroom 689 (64) 80, C 12.04.2024 7,440
3 Lounge/kitchen/diner, 2 bedrooms, one ensuite, bathroom 646 (60) 80, C 31.01.2019 7,260
FIRST FLOOR
5 Lounge/kitchen/diner, 2 bedrooms, one ensuite, bathroom 689 (64) 80, C 27.03.2024 6,900
7 Lounge/kitchen/diner, 2 bedrooms, one ensuite, bathroom 646 (60) 80, C 6 months from 25.10.2025 7,800
Outside Allocated parking space per flat
Current Rental Income 29,360

Generally speaking Guide Prices 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. Virtually every 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.

PE23 5BP

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1, 3, 5 & 7 Granary Close, Spilsby, Lincolnshire, PE23 5BP