Lot 6 - Morton House, Abbey Street, Ickleton, Saffron Walden, Essex, CB10 1SS

Description

ONLINE AUCTION from 10th MARCH-12th MARCH

A characterful grade ll semi-detached cottage on a quiet stretch of Abbey Street (a historic and picturesque lane in Ickleton). This is a 2 bedroom property with exposed character beams throughout. Downstairs there is a living room and kitchen area, with a bathroom and WC. The garden is accessed via the back door. Upstairs you have 2 large bedrooms, again with beautiful beams and high ceilings.

The garden comes with a shed for storage, in addition to grass/patio area.

Ickleton is a small, historic village on the Cambridgeshire–Essex border, 50 minutes from London. The village is peaceful, popular with walkers and cyclists, and has a strong community vibe (local society and events). The village benefits from a shop & post office, a convenience store, pub and village hall.

The property is an ideal bolt hole for anyone who wants to escape the busy life, or who is looking to relocate. It would also do well in the holiday let industry. There are not many holiday homes in the area, therefore this could be a high demand property. In comparison to similar properties there is potential to rent the property as a holiday home and receive an income of around £1,900 - £2,100 per week during peak season if the property was to a high standard and you looked at putting a hot tub in the back garden. Alternatively, if you were to renovate the property and rent out on a Assured Shorthold Tenancy, you could look to achieve around £1,350 -£1,500 per month. This is based on current Rightmove figures.

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Tenancies

To be sold with vacant possession
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.