* Freehold
_
For sale by traditional auction_ \ - 21st February 2024
A freehold investment opportunity - 2 x Two Bedroom Flats yielding circa 12%
(based on the Guide Price)
A high yielding investment property arranged as 2 x Two Bedroom Flats offering
a 12% gross annual yield based on the guide price.
This is a detached building (formerly St. John' s Ambulance Station)
situated just off of the bustling High Street of Midsomer Norton.
The Freehold building is arranged as a Two Bedroom Ground Floor Flat currently
Let at £730pcm and a Two Bedroom First Floor Flat currently Let at £795pcm.
The property is currently let at £18, 300 per annum. The property is generally
in good letting condition and would make an ideal first time investment or can
easily be added to an existing portfolio.
Situated just off of Midsomer Norton High Street there are numerous amenities
available.
Bath city centre which offers amenities on a regional scale is approximately
11 miles away via the A367. Midsomer Norton has good public transport links to
nearby Towns such as Radstock, Paulton and Frome (which has a Train Station).
**Ground Floor** Entrance Hall: Front door and Hallway leading to:
Bedroom 1: A double Bedroom (3. 84mx3. 10m approx)
Bedroom 2: Arranged as a single bedroom (3. 10mx2. 80m approx)
Bathroom: Bath with Shower fitting, Basin and WC (1. 75m x 1. 75m approx)
Living Room: Arranged as Living Room with Dining area (4. 18m x 3. 21m approx)
Separate Kitchen: Accessed via the Living Room with multiple units and
incorporating combination boiler (4. 27m x 1. 78m approx)
Outside: Private level garden. Parking to the front of the property which we
understand is a shared arrangement between the Two Flats.
**First Floor** External Staircase leading to Entrance Hall: Front Door and
Hallway leading to:
Living Room: A large Living Room with Dining area (5. 18m x 3. 02m approx)
Bedroom 1: A double bedroom (3. 36m x 2. 44m approx)
Separate Kitchen: Accessed via the Hallway with multiple units and
incorporating combination boiler (2. 80m x 1. 75m approx) leading to another
Hallway which in turn leads to:
Bedroom 2: Arranged as a dressing room (3. 20m x 2. 5m approx)
Bathroom: Bath with Shower fitting, Basin and WC (1. 75m x 1. 75m approx)
**For Sale by Live Stream Auction on 21st February 2024** In order to take
part you must complete the registration form and return it together with two
forms of id. You will then be able to bid from the luxury of your own home
either over the internet, by phone or by proxy. Please note the auctioneers
have made their best endeavours to disclose all additional fees. Interested
parties should refer to the special conditions of sale contained in the Legal
Pack for any late amendments or additions to these fees as well as the auction
day addendum sheet prior to bidding.
**Viewings** By appointment with City and Rural Property Auctioneers.
**Finance available** We are advised by our third party bridging finance and
mortgage brokers that finance is available on this lot, please contact us to
find out more.
**Legal Pack** A full auction legal pack can be downloaded once available.
For further information on the other lots in this auction please visit the
website.
**Utilities** We are advised by the sellers that the following services are
connected:
Water & Drainage (Your attention is drawn to the water and drainage search
contained within the legal pack).
Electric
Gas
Mobile and Broadband
Please visit the Ofcom mobile and broadband checker for availability of
services _https_checker. ofcom. org. uk/
Interested parties should satisfy themselves as to the suitability and
availability of any services they may require.
**Possession** Sold subject to the tenancy details included in the Legal
Pack.
**Completion** 28 days (20 working days) from the contract date.
**Tenure: ** See Legal Pack
**EPC Rating: ** D
**Terms: **
Guide Prices & Reserves
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
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.
Plans, Maps and Photographs
The plans, floorplans, maps, photograph’s and video tours published on our
website and in the catalogue are to aid identification of the property only.
The plans are not to scale and should not be relied upon.
Consumer Protection Regulations 2008
City & Rural Property Auctions endeavour to make our sales details clear,
accurate and reliable in line with the Consumer Protection from Unfair Trading
Regulations 2008 but they should not be relied on as statements or
representations of fact, and they do not constitute any part of an offer or
contract. All references to planning, tenants, boundaries, potential
development, tenure etc is to be superseded by the information contained in
the legal pack. It should not be assumed that this property has all the
necessary Planning, Building Regulation, or other consents. Any services,
appliances and heating system(s) listed have not been checked or tested.
Please note that in some instances the photographs may have been taken using a
wide - angle lens. The seller does not make any representation or give any
warranty in relation to the property, and we have no authority to do so on
behalf of the seller.
Anti Money Laundering Regulations.
Intending buyers will be asked to produce identification documentation either
as part of the bidder registration process of if they make an acceptable pre -
auction offer, we would ask for your co - operation in order that there will be
no delay in agreeing the sale.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: