1 Stewartry Avenue

Ref: Lot 6

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Town & Country Property Auctions Scotland
Town & Country Property Auctions Scotland

Description

Town & Country Property Auctions Scotland offers this Incredible Opportunity to Acquire a Residential Tenanted Portfolio.

Market Value: £500,000

Per Annum this Portfolio produces £18,600

This Residential Portfolio consists of a mixture of 1 Bedroom Flats, 2 Bedroom Terraced Houses & 3 Bedroom Terrace Houses.

Property Addresses:

1 Stewarty Avenue, Dumfries DG2 0PG - 3 Bedroom Semi-Detached House - £400 PCM
16 Stewart Avenue, Dumfries DG2 0PG - 3 Bedroom Mid Terraced House - Vacant
14 Ivy Place, Lockerbie DG11 2DH - 1 Bedroom Flat - Vacant
19 Turnberry Crescent, Annan DG12 6JS - 3 Bedroom Mid Terrace - £450 PCM
7 Stevenson Place, Annan DG12 6JS - 2 Bedroom End Terrace - £350 PCM
9 Eden Place, Annan DG12 6LU - 3 Bedroom Mid Terrace - £350 PCM

These 6 Properties vary from 45-80sqm.

Potential Market Rent for this Residential Portfolio = £46,800

As there are 6 Properties for sale there is no ADS applicable on the purchase price.

All 6 Properties are located in Dumfries, Lockerbie & Annan.

Buyers Premium

* Plus 3% Buyers Premium plus VAT (subject to a minimum of £10,000 + VAT)



* 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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