Presenting a rare investment opportunity, this offering comprises four well-maintained two-bedroom cottages, each currently occupied by tenants (sold with tenants in situ), generating a combined annual rental income of approximately £28,800. The cottages have been thoughtfully arranged to maximise privacy and comfort for residents, with each property featuring a practical and inviting layout. Upon entry, you are welcomed into spacious living areas that benefit from natural light and neutral décor, creating a warm and versatile space suitable for a variety of furnishings and personal touches. Each cottage includes a modern fitted kitchen equipped with ample storage and worktop space, designed to cater to the needs of contemporary living. The two bedrooms in each property are well-proportioned, offering comfortable accommodation for couples, small families, or professional sharers, with flexibility to serve as guest rooms or home offices as required. The bathrooms are finished to a good standard. The location is conveniently situated for access to local amenities, public transport links, and reputable schools (subject to catchment areas), making these cottages highly attractive to a broad tenant base. The current rental arrangement offers immediate income from day one, with the potential for future rent reviews in line with market trends. This is an excellent addition to any investment portfolio, whether for seasoned landlords seeking to expand their holdings or for those new to property investment looking for a straightforward, income-generating asset. The sale is offered with the benefit of established tenancies, providing security and continuity of income. Early viewing is highly recommended to appreciate the quality and investment potential of this unique opportunity. For further details or to arrange a viewing, please contact our office and a member of our team will be delighted to assist you.
Auction Details
To be sold via Online Auction, via unconditional terms, completion strictly within 28 days
Bidding window opens - TBC
Auction Ends- TBC
Starting price - £425,000 (Reserve price is higher & unpublished)
Fees
All fees are payable by banks transfer only (we do not take card payments )
Buyers premium - Please note that there is a buyers premium that applies to this lot ( %including VAT ) payable by the buyer within 2 hours of winning the auction. The buyer's premium does not constitute part of the sale price, this is the auctioneer's fee and is to be paid over and above the sale price paid to the vendor.
Searches - searches have been ordered and will be made available for download from The Auction Groups website prior to bidding taking place.
Viewings
To view the property please visit The Auction Groups website - www.the-auctiongroup.co.uk for viewing availability and to register your interest. It is highly recommended that you carry out any required due diligence prior to placing an offer on a property.
EPC Rating: D (current 68, potential 90)
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
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