Terraced House
A mid terraced property, divided into three flats, standing back from the road behind a small foregarden. To the first floor rear is potential to provide a bedsitting room with shower room, wc and small kitchen.
Communal Entrance Hall, Access to Cellar and Two Stores.
Flat 1 - Hall, Lounge, Bedroom, Kitchen, Shower, Utility and WC.
Landing.
Flat 2 - Lounge/Kitchen, Bedroom, En-Suite Shower Room/WC.
To the rear of the first floor are rooms, which offer potential to provide an additional studio flat.
Flat 3 - Bedsitting Room, Kitchen, Shower Room and WC.
Gardens.
The property has the benefit of UPVC double glazing and is all pre-paid electric.
We understand that the property is Freehold and is being sold subject to the existing tenancies.
Flat 1: Let on an Assured Shorthold Tenancy, at a rental figure of £375 per calendar month - £4,500 per annum.
Flat 2: Let on an Assured Shorthold Tenancy, at a rental figure of £360 per calendar month - £4,320 per annum.
Flat 3: Let on an Assured Shorthold Tenancy, at a rental figure of £295 per calendar month - £3,540 per annum.
Total Gross Rental Income: £12,360 per annum.
Full tenancy agreements will be available within the legal pack.
Strictly by arrangement with the Auctioneers.
Freehold.
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.
