Detached house
All four flats are fully let to employed persons on assured shorthold tenancies with a present total income of approximately £15,600 per annum with potential for increase.
The internal accommodation is well maintained and benefits from a parking space, ample street parking and a small rear garden and is situated within a short distance of the town centre and all its facilities.
The auctioneers have not inspected the property internally but believe it to comprise –
Comprising –
Having stainless steel sink, electric cooker, radiator and uPVC double glazed bow window to front elevation.
With radiator, combi gas boiler and uPVC double glazed window to rear elevation.
Having wc, wash basin and shower cubicle, electric fan and radiator.
Comprising –
With access to house electric meters.
Having stainless steel sink, electric cooker, radiator, combi gas boiler and uPVC double glazed window to front elevation.
With shower cubicle and uPVC double glazed window to rear elevation.
With wash basin, radiator and uPVC double glazed window to rear elevation.
Comprising –
With stairs to first floor.
Having stainless steel sink, gas cooker, two uPVC double glazed windows to rear elevation, combi gas boiler and radiator.
With radiator and uPVC double glazed window to front elevation.
With wc, wash basin, bath with shower over, radiator and uPVC double glazed window to front elevation.
Comprising –
Having stainless steel sink, electric cooker, radiator, uPVC double glazed window to side elevation, Worcester combi gas boiler in adjacent cupboard.
With radiator and uPVC double glazed window to front elevation.
With wc, wash basin, bath with shower over, towel radiator and humidistat electric fan.
The property benefits from a parking space and small rear garden
Freehold. Subject to assured shortholds at rents of £350, £365, £277 and £312 per calendar month.
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.
