About this property
Investment opportunity subject to Regulated Tenancy
A detached cottage in need of renovation, offered for sale as an investment opportunity, subject to a Regulated Tenancy. The property would benefit from renovation and therefore offers the chance to add value in the longer term.
The accommodation comprises of:
Ground Floor: Entrance Lobby with door to outside, stairs to first floor; Lounge with window to front aspect, radiator; Dining Room with open fireplace with brick hearth, window to side aspect, under stairs storage cupboard; Kitchen with window and door to side aspect, stainless steel sink unit and drainer, storage units, plumbing for washing machine, electric oven, solid fuel stove supplying the radiators, radiator. Door to; Bathroom with low level WC, pedestal hand wash basin, panelled bath, window to side aspect, cupboard, radiator.
First Floor: Landing with window to side aspect, radiator; Bedroom 1 with window to front aspect, built-in cupboard, radiator; Bedroom 2 with window to side aspect, cast iron fireplace; Bedroom 3 with window to side aspect.
Outside: To the front of the property there is an open plan garden. To the side, a driveway provides vehicular parking and leads to the rear where there is a yard/garden area.
Freehold subject to regulated tenancy
Stretham is situated approximately 4 miles from the Cathedral City of Ely and approximately 12 miles North of the University City of Cambridge. Stretham has a range of day to day village amenities with more comprehensive facilities at nearby Ely. Access to Cambridge, Ely and London is via the A10 which bypasses Stretham, with mainline rail services to Cambridge and London situated at Ely and Waterbeach.
The property is sold subject to a Regulated Tenancy, with the tenant paying £49 per week (£2,548 per year).
www.cheffins.co.uk/auctions/property-auctions or Jo Pooley, Pooley Bendal & Watson, 4b Church St, Isleham, Ely, Cambs, CB7 5RX , 01638 780170, firstname.lastname@example.org
Cheffins Ely 01353 654900
*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.”