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9 Dimmocks Avenue, Bilston, WV14 8YQ

Lot no: 117 Sold at Auction
 

Guide Price £72,000 - £74,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 18th October 2017

11.00am
Key Features
  • A Freehold Semi Detached Investment Property
  • Current Gross Income: £7,200 pa
  • EPC Rating: D
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Sold at Auction

Semi-detached house

Property Description:

A Freehold three bedroomed semi detached property set back from the road behind a foregarden with driveway approach.

Ground Floor

Entrance Porch, Hall, Through Living Room and Kitchen.

First Floor

Landing, Three Bedrooms, Bathroom/WC.

Second Floor

Attic Room.

Outside

Front and Rear Gardens with off-road Parking.

The property has the benefit of gas fired central heating and the majority of the windows are UPVC double glazed units.

Tenure

We understand that the property is Freehold and being sold subject to the existing tenancy.

Tenancy Details

We understand that the property is let on an Assured Shorthold Tenancy for a period of 6 months from the 3rd May 2017 at £600 per calendar month - £7,200 per annum.

Viewings

Strictly by arrangement with the Auctioneers.

Tenure:

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.