Terraced House
DRAFT DETAILS
An excellent buy-to-let investment opportunity to acquire a well equipped two double bedroomed end terraced property, currently let on an AST producing £5,400 per annum and offering scope for a significant rental increase.
The well-proportioned living accommodation has the benefit of sealed unit upvc double glazing, gas central heating and consists of an entrance lobby with staircase to first floor, front sitting room, kitchen diner with built in appliances. To the first floor landing there are two genuine double bedrooms and a three piece bathroom suite with shower. Outside to the front there is a small foregarden, shared pedestrian access to the side leading to a good sized enclosed rear garden.
The property is situated in the context of an established and sought after residential location, surrounded by similar style properties and always popular with landlords, first-time buyers and young families.
Grantham is a very sought after town, offering an excellent range of amenities and positioned along the A52, being within commuting distance of the city of Nottingham and is also surrounded by some beautiful open countryside.
The accommodation comprises:
Entered by door to front, tiled floor covering with staircase to first floor.
11ft 4 x 10ft 5
With sealed unit double glazed window in upvc frame to front elevation and central heating radiator.
11ft 5 x 11ft 5
With sealed unit double glazed window and door to rear. Fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. Integrated appliances comprising a stainless steel electric oven with hob, cooker hood, plumbing for washing machine, useful understairs storage cupboard, wall mounted Logic combination boiler, central heating radiator and built in cupboard.
With loft access.
11ft 3 x 11ft 3
With sealed unit double glazed window in upvc frame to front elevation, built in wardrobe, central heating radiator.
11ft 2 x 9ft
With sealed unit double glazed window in upvc frame to rear elevation and central heating radiator.
8ft 1 x 5ft
With obscure sealed unit double glazed window in upvc frame to rear elevation. Three piece bathroom suite comprising a panelled bath with Triton shower unit over and shower screen, low level wc, pedestal wash hand basin, complementary tiling to the walls and central heating radiator.
To the front there is a small foregarden with shared pedestrian access. To the side there is a coal store and to the rear of the property there is an integral wc and a good sized enclosed garden with patio, being mainly lawned with flower beds and a range of specimen trees.
We feel there may be potential for an extension, subject to the usual planning consents.
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.
