Tenanted investment with renovation potential, sold via secure online auction.
Three-bedroom leasehold maisonette with tenants paying £750pcm
A three-bedroom leasehold maisonette in Hillsborough offered to investors via secure online auction. The flat is currently tenanted at £750pcm, providing immediate rental income, and comes with 105 years remaining on the lease. Service charge is £607.52pa and ground rent £10pa. EPC C and council tax Band A.
Internally the home is mixed condition. The kitchen is compact and modern in style, but the living room shows signs of damp, dirt and general wear and will need renovation. The property is small overall (776 sqft) and will suit buyers prepared to carry out repairs or cosmetic updating.
Location is a practical strength: quick walking distance to Hillsborough centre, strong public transport links, local shops and leisure facilities. The surrounding neighbourhood is an urban cultural mix with established renting families, but local crime levels and area deprivation are noted as high and very deprived respectively — assess risk accordingly.
Sale is by online auction/secure sale. Buyers should review the legal pack and be aware of auction terms: a non-refundable 5% deposit on exchange and possible reservation fee apply. This lot suits investors or DIY buyers seeking a low entry price with immediate tenancy and renovation potential.
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