Terraced House
DRAFT DETAILS
Traditional two bedroomed terrace with gas central heating and double glazing. The property is situated close to the local beach and road links including the A19 providing easy access to Sunderland and Middlesborough. We have been informed that the property is currently let on an Assured Shorthold Tenancy generating £250 per calendar month (£3,000 per annum). Ideal investment opportunity.
The auctioneers have not inspected the property but believe it to comprise:
15ft 1 x 13ft 3
With gas fire, radiator and double glazed window to front auction.
9ft 6 x 8ft
Fitted with a range of wall mounted and base units with working surfaces over, tiled splash backs, double glazed window and door to rear aspect.
With three piece suite comprising low flush wc, pedestal wash hand basin, paneled bath, radiator and double glazed window.
15ft x 11ft 6
With double glazed window to front aspect and radiator
8ft 10 x 8ft 9
With double glazed window to rear aspect and radiator.
Rear yard.
Freehold. 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.
