Flat
DRAFT DETAILS
First and second floor investment property currently occupied on the first floor with three separate letting rooms having separate tenancies and a combined rent of £925 per calendar month. We are led to believe there is potential to convert the second floor to additional accommodation, subject to the appropriate planning consents.
The spacious first floor accommodation comprises a lounge, separate kitchen, bathroom and three separate letting rooms. Excellent investment opportunity. Situated within the heart of Retford centre within a wide range of amenities, shops and good transport links.
The accommodation comprises:
With stairs to first floor landing.
With obscure glazed window to side
11ft 3 x 7ft 10
8ft 7 x 6ft 9
With fitted range of wall mounted and base units, roll edge working surfaces, single drainer sink unit, plumbing for washing machine, extractor fan, tiled splashback areas.q
Having three piece suite comprising panelled bath, pedestal wash hand basin, low flush wc, obscure glazed window, extractor fan.
10ft x 7ft 10
With window to front aspect.
11ft 10 x 6ft 9
Not inspected.
This hasn't been renovated or refurbished but has potential for conversion, subject to the appropriate planning consents.
Leasehold. Subject to tenancy.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
