Semi-detached house
DRAFT DETAILS
Well maintained four bedroomed semi detached residence providing an ideal investment property, producing an immediate income stream. Long lease remaining generating £8,500 per annum (£708 per month). Well maintained and let to a well established housing trust who have already been in occupation for two years. The property is sold with the benefit of the remaining lease (approx four years) generating a substantial, hassle free, monthly income.
The accommodation benefits from a kitchen with fitted range, ground floor laundry room and cloakroom, four bedrooms and bathroom. There is also a driveway with front and side forecourt.
The accommodation comprises:
Via wooden front door, tiled flooring, radiator, stairs to first floor, understairs storage, obscure window to side elevation.
3.70 x 2.68
With obscure glazed window to side elevation, laminate flooring, radiator.
3.41m x 4.10m into bay
Bay window to front elevation, brick feature fireplace, radiator, laminate flooring.
4.91m x 3.23m
With range of wall and base units with work surface over, centre island with inset sink and drainer and mixer taps over, large range integrated cooker with five ring hob, extractor hood over, tiled floors, wall mounted heated towel rail, radiator, door leading to laundry room and downstairs cloakroom
With low level wc and wash hand basin, radiator.
With plumbing for automatic washing machine. Back door leading onto Portland Road.
2.77m x 4.67m
With window to rear elevation, radiator and laminate flooring.
3.66m x 3.42m
With window to front elevation, radiator and laminate flooring.
5.26 x 2.12m
With low level wc, wash hand basin, large corner sunken bath, radiator, separate shower cubicle with electric shower, storage cupboard housing combination boiler, part tiled walls, obscure window to side elevation, laminate flooring.
Forecourt to front and side.
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.
