2 bed flat for sale

2 Customs Warehouse, Huntspill Road, Highbridge, Somerset TA9

For sale by auction on Tuesday, 17 Jun 2025 at 14:00

Venue: Live Stream

Ground Floor Flat

A two bedroom ground floor flat, situated in Highbridge, Burnham-On-Sea. This property is currently tenanted and achieving £795 per month and £9,540 per year. This offers a potential rental yield of 63.3% based on the guide price.

Auctioneers note
tenant information: This property is currently tenanted and achieving £795 per month and £9,540 per year. This offers a potential rental yield of 63.3% based on the guide price.

Lease information
Lease: 999 years from 1 October 2005

Ground Rent:

Service Charge:

Accommodation
Communal Hallway

Entrance Hall

Lounge: 20' 6" x 10' 1"

Kitchen: 7' 1" x 7' 0"

Bedroom One: 20' 5" x 11' 0"

En-Suite Shower Room: 5' 7" x 5' 3"

Bedroom Two : 12' 8" x 10' 0"

Bathroom: 7' 7" x 5' 7"

viewings
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.

Full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.

Notice to bidder
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides 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 (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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.