22 Fore Street

Ref: Lot 3

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Town & Country Property Auctions South West
Town & Country Property Auctions South West

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

With its prime location, attractive features, and reliable rental income stream, this apartment is an ideal addition to any investor's portfolio, offering both immediate returns and long-term growth potential.

Accessing the apartment is effortless – ascend the metal steps to the first floor, where you'll find entry points to three separate units. With one apartment located on the same level and another above, convenience meets simplicity in this well-designed layout.

This first-floor apartment, currently occupied by tenants, presents a lucrative investment opportunity in the bustling heart of Hayle. Featuring two bedrooms and a spacious open-plan living room and kitchen area, this property offers an attractive rental proposition with minimal hassle.

The kitchen is well-appointed with ample storage, work surfaces, and modern appliances, including an integrated oven/hob and space for a fridge freezer and washing machine. Large UPVC sash windows flood the living space with natural light, enhancing its appeal to potential tenants.

Convenient parking is available on the street, making this property an enticing option for renters seeking hassle-free access.

Strategically located in central Hayle, the apartment provides easy access to local amenities, including shops, pubs, and public transportation, as well as the scenic estuary and nearby beach. With three miles of golden sands and impressive sand dunes just moments away, tenants will appreciate the desirable lifestyle this location offers.

For investors seeking long-term returns, the property's proximity to the A30 and popular tourist destinations such as St Ives presents opportunities for high rental demand and consistent income generation.

This property is being sold with tenants in situ, offering immediate rental income without the need for a vacancy period or tenant sourcing.

The property is equipped with electric heating and UPVC double glazing for energy efficiency and tenant comfort. It is connected to mains electric, water, and drainage. As an added bonus, the flat has Dimplex Quantum storage heaters which are much more efficient and can be controlled using Wi-Fi!

With its prime location, attractive features, and reliable rental income stream, this apartment is an ideal addition to any investor's portfolio, offering both immediate returns and long-term growth potential.

Offered on a leasehold basis with 999 years remaining from 2002

Buyers Premium

* Plus 5% Buyers Premium + VAT

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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