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25 South Street, Bolton, Lancashire BL3 3BS

Lot no: 34 Withdrawn
 

Guide Price £65,000+ plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Reservation Fee is subject to a minimum of £6,000.

Tuesday 12th December 2017

12.30pm
Key Features
  • EPC Rating: D
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Withdrawn

End of terrace house

Property Description:

A larger than average two bedroom garden fronted end terrace, offered for sale with no onward chain in Great Lever, Bolton. Ideal for both first time buyers and buy to let investors, this ready to move into home has plenty to offer. The property could generate a potential investor a gross rental yield of 7.5% to 8.5%, based on rental income of a £500.00 per calendar month. Boasting a modern fitted kitchen, with separate dining area, spacious family sized bathroom with top of the range shower cubicle, and large rear garden providing ample off road parking, and the opportunity to extend(subject to pp) The property comprises in brief: entrance vestibule, lounge, kitchen diner, and to the first floor: two bedrooms and a spacious four piece bathroom. Externally there is a large garden to the rear. The property has undergone extensive works as part of a government grant in June 2008, including; new windows and pointing, new doors, cavity wall ties, roof redone and chimney stack rebuilt. NO ONWARD CHAIN

Lounge

Gas fire, built in shelving, smoke alarm, two radiators, uPVC windows to the front, wall light

Kitchen

Matching range of wall and base units with work top over, stainless steel sink and drainer, plumbing for washing machine, four ring gas hob and oven with extractor over, uPVC windows to the side and rear, tiled flooring, tiled splash backs, smoke alarms, storage cupboard housing the boiler. Composite door opening out to the rear garden

Landing

uPVC window to the side, smoke alarm, radiator

Bedroom One

uPVC window to the front, radiator, fitted wardrobes

Bedroom Two

uPVC window to rear, radiator

Bathroom

Four piece suite comprising of top of the range shower cubicle with built in radio, power jet and seating, wc, wash hand basin and panelled bath. Part tiled walls, loft access, radiator, uPVC window to rear

Gardens

Hardstanding paved garden to the front and rear both with gated access. The rear garden also benefits for electric roller shutter providing off road parking.

Tenure:

Freehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.