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11
Lot 12
13

15A High Street, Manningtree, CO11 1AG

Guide price £80,000 - £100,000*
3-bedroom duplex investment... central location

Property Details

Description

Manningtree lies on the Suffolk/Essex border and provides a comprehensive range of local facilities together with main-line rail connection to London Liverpool Street.
Configured as a first and second floor duplex apartment the property enjoys autonomous access from the high street. With lounge, dining room, kitchen, 3 bedrooms and bathroom the accommodation is complemented by gas central heating (n/t).

Having been let to the same tenant since 2011, originally on an AST and now held over on a periodic basis we consider this property to provide a strong addition to any residential portfolio.

Key Features

  • DUPLEX APARTMENT
  • 3 BEDROOMS
  • TOWN CENTRE
  • GAS C/H
  • ESTABLISHED TENANT
  • 2 RECEPTION
  • PERIOD FEATURES
Tenure

Leasehold

EPC

E

Viewing

Sat 22 Feb 12:00 - 13:00

Solicitors

Mrs Pat Smith
Gotelee Solicitors
6 Church Street
Hadleigh
IP7 5DU

Tenancy

Periodic - Original AST from 2011

Current Yield.

£550 pcm / £6600 pa

Location

15A High Street, Manningtree, CO11 1AG

*Guide prices are provided as an indication of a vendor’s minimum expectation and the level at which the reserve is set. Properties may not always sell within this guide and this figure may change at any time prior to the auction. The sale price will be dependent upon bidding in the auction room and on the Vendors’ instructions.

Reserve Price Each property will be sold subject to a reserve price, which will be set within, or below, the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer and is a figure below which the Auctioneer cannot sell the property.

Additional Fees All buyers are liable to pay an Administration Charge of £720 inclusive of VAT. \rOther fees/disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.