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1 Kimberley Terrace, Hoole, Chester, Cheshire CH2 3EB

Lot no: 2 Sold After Auction
 

Guide Price £105,000+ 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 25th April 2018

1.00pm
Key Features
RESIDENTIAL INVESTMENT OPPORTUNITY LET ON A REGULATED TENANCY PRODUCING AN ANNUAL INCOME OF £6,136
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Sold After Auction

End of terrace house

Property Description:

A two bedroom end of terrace property currently let by way of a regulated tenancy producing an annual rental income of £6,136. Situated in the extremely popular area of Hoole, just outside Chester city centre this two storey property fronts onto the Shropshire Union Canal and is accessed off Hoole Lane via Waterview Terrace. The property would make an ideal purchase for a local investor and is within walking distance of a number of local shops and amenities including the main City train station.

Ground Floor:

Kitchen
Living Room
Dining Room
Bathroom

First Floor:

Two Bedrooms

Auctioneers Note:

The auctioneers have not inspected the property internally and the accommodation details have been provided by the vendor and therefore cannot be relied upon to be completely accurate. No internal access will be provided to prospective purchasers prior to auction and interested parties are asked to respect the tenants privacy.

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.