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End of Terrace House in Chester

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

Lot no: 2 Property type: End of terrace house Auction type: Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) together with the buyers fee of £1074 and complete within a set time period.

Guide Price* £105,000+plus fees Result Sold After Auction



RESIDENTIAL INVESTMENT OPPORTUNITY LET ON A REGULATED TENANCY PRODUCING AN ANNUAL INCOME OF £6,136

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.


Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.