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Residential properties for auction in Luddington, Peterborough

Create Alert 3 results Sorry, we currently do not have any listings in 0 miles of Luddington, Peterborough - Please find below the nearest listings available.
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** Unsold, the last bid was £76,000. Please refer to Auctioneer for Reserve **

This first floor two bedroom maisonette was previously let at £6,800 per annum and is now to be sold with vacant possession. The property is well located within Huntingdon and gives access to shopping and recreational facilities together with a mainline rail-link into London, Kings Cross.

Tenure

Leasehold. 999 years from 1988 (969 years remaining). Ground rent £1 pa. No maintenance charge applies.

Accommodation

First Floor

Entrance hall, bedroom 1, family bathroom, kitchen, sitting room, bedroom 2/study.

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Huntingdonshire District Council. Tel: 01480 388388

Solicitors

Roythornes, Stuart House, St Johns Road, Peterborough, Cambs PE1 5DD, Ref: Anne Rawlings, Tel: 01733 898975

Additional Fees

Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Flat 2, 2, Cromwell Walk, Huntingdon, PE29 3HN
A first floor 2 bedroom maisonette with a previous income of £6,800 pa
Type: Flat, House, Residential
Location: Flat 2, 2 Cromwell Walk, Huntingdon, PE29 3HN
Images: 4
Brochures: 1
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*Unsold, the last bid was £70,000. Please refer to Auctioneer for Reserve*

This well proportioned two bedroom top floor apartment is extremely well located close to the high street in Irthlingborough and approximately three miles from Wellingborough centre and station. The property is presented in good condition but does requires some modernisation and is to be sold with vacant posession.

Tenure
Leasehold

Accommodation:
Entrance hall, sitting/dining room, kitchen, master bedroom, bedroom two and family bathroom.

Outside:
Allocated parking space for one car.

Lease:
125 year lease from 1st January 1990 (96 years remaining).

Ground Rent:
£37.50 payable half yearly.

Service Charge:
The Service Charge Liability is 5.88% of the Annual Budget, which for 2018 was £3,939.60 (of which, £2,704.80 was attributable to external repairs, which has been paid in full). The Net Service Charge for 2018 £1,234.80.

Energy Efficiency Rating (EPC)
Current Rating D

Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority
East Northamptonshire Council - 01832 742000

Solicitors
Neves Solicitors, Aurora House, Deltic Ave, Rooksley, Bradwell Common, Milton Keynes MK13 8LW, Ref: Kelly Loft - kelly.loft@nevesllp.co.uk, Tel: 01908 304560

Additional Fees
Buyer's Premium - There is no Buyer's Premium payable on this lot.

Administration Charge - Purchasers will be required to pay an administration fee of £900 incl. VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Flat 6, Excelsior Court, Scarborough Street, Wellingborough, NN9 5FE
Centrally located two bedroom top floor apartment with off street parking.
Type: Flat, Residential
Location: Flat 6, Excelsior Court Scarborough Street, Wellingborough, NN9 5FE
Images: 4
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*THIS PROPERTY IS STILL AVAILABLE - PLEASE CONTACT THE AUCTIONEER FOR MORE DETAILS*

Features

End terraced property
Three bedrooms
Ideal investment opportunity
Tenanted
Good rental location
Current rent of 650 pcm ( £7,800 pa )
Currently under rented – market rent approx. £800 pcm
Close to amenities

Location
The property is situated on Elm Close, set within a cul-de-sac amongst other similar properties. There are many local amenities nearby such as, cost cutter, St Johns primary school and the Acorn Surgery all within walking distances of the property.
Huntington town is 1.4 miles from the property and approximately 10 minutes’ drive. The market town has chequers court shopping centre, café’s, banks and good local bus services, making it accessible for commuters. Cambridge is 22 miles south east and London is 77 miles south of the property.
Good road links are provided via the A14, A1 and M11.

Description
The property is a 1960’s three-bedroom end of terrace, made of traditional brick construction with a pitched tiled roof. We understand the property has a lounge, kitchen, bathroom and three bedrooms. To the front of the property there is a fenced front garden. It is set back from the road within a cul-de-sac location and offers on street parking.
Please note we have not undertook an inspection of this property.

Investment Analysis
The property is currently let for £650 pcm (£7,800 pa) providing a yield of 5% based on the guide price. There is potential to achieve £800 pcm on a rent increase or if re-let.
The property can also have potential to achieve a higher income and be converted into a HMO subject to planning and licensing.

Accommodation
74 Sq. M (796 Sq. Ft) taken from the VOA

Services
We understand the property to have mains gas, electricity, water and drainage however all parties should make their own enquiries.

Tenure
Please refer to the legal pack for this lot.

Guide Price
£150,000 – £160,000+

Buyer’s Premium
2.4% (min. £3,000) inc. VAT

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50, Elm Close, Huntingdon, PE29 7AS
Income Producing Investment – Currently Under Rented Three Bedroom End Terrace Property
Type: House, Residential
Location: 50 Elm Close, PE29 7AS
Images: 1
Brochures: 1
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