1 Bed Detached House For Sale

TO BE SOLD BY PUBLIC AUCTION AT A DATE TO BE CONFIRMED
(UNLESS SOLD PREVIOUSLY).
GUIDE PRICE:  £90,000.
We invite immediate CASH OFFERS for this high-yielding, small INVESTMENT OPPORTUNITY, being a single-storey FREEHOLD ONE-BEDROOM building, Let currently at £600 p.c.m. (equivalent to a gross return of some 8% p.a.). Malta Road runs between Langley Road and Lynn Road, with Queen's Road to the north and New Road to the south.  A convenient residential address enjoying ready access to a wide range of public amenities.  Positioned to the rear of Nos. 1 and 3 Malta Road, 1c is a standalone converted "bungalow" unit for which an Existing Use Certificate was granted in July 2004.  It features rendered elevations under a pitched and tiled roof, and benefits from its own courtyard garden. Whilst of modest proportions, it is considered a worthwhile addition to an investment portfolio, having been occupied by the present tenant for around 14 years, producing a lucrative relative income, and with the attractive absence of onerous leasehold costs. Full particulars are given as follows:

Shared main outer door (to 1a, 1b and 1c), with underpass and open passageway to:

1C

The property being approached by way of its private courtyard garden and a part-glazed front door to:

LIVING ROOM - 3.2m x 3.2m (10'6" x 10'6")

Access to loft. Wood-laminate flooring. Obscure-glass windows to front elevation. Square opening to:

kitchen area - 2.01m x 1.83m (6'7" x 6'0")

Fitted and equipped with: base and wall cupboards, work surfaces with tiled surround, single drainer stainless steel inset sink with mixer tap, electric oven, and 4-ring electric hob. Wood-laminate flooring.

SHOWER ROOM & W.C. - 1.85m x 1.35m (6'1" x 4'5")

(off the Living Room). White suite comprising; pedestal handbasin, low flush w.c., and tiled shower cubicle with 'Mira' mixer. Extractor. Tiled walls and floor.

BEDROOM - 3.28m x 2.21m (10'9" x 7'3")

(off the Living Room). Wood-laminate flooring. Obscure-glass window to front elevation.

OUTSIDE

PRIVATE COURTYARD GARDEN - 4.8m x 3.51m (15'9" x 11'6")

Having walled and fenced surround.

EPC 'E'

COUNCIL TAX

Band 'A' - £1320.51 p.a. (2023-2024).

VIEWING

By appointment with SOLE AGENTS & AUCTIONEERS,
D.M. NESBIT & CO.
(17810/048308)

ADDITIONAL AUCTION COSTS

A Buyer's Premium of £450 + V.A.T., will be payable by the purchaser to the Auctioneers, either in the Saleroom or, if the Lot is sold prior to Auction, at the offices of Nesbit & Co. An Auction Legal Pack (including Contract of Sale and Special Conditions) will be prepared by the Seller's Solicitors and available for inspection by interested parties. Those intending to bid are advised to make themselves aware of the content of the Legal Pack, containing, as it will, information in respect of any other charges that may apply (Search Fees and/or Seller's legal costs for example).