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26 Cambridge Street, Mansfield, NG18 5SR

Lot no: 8 Sold at Auction for £67,500
 

Guide Price £56,000+ 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.

Thursday 6th December 2018

11.30am
Key Features
  • Three storey, three bedroom terraced property
  • Situated on the outskirts of Mansfield town centre
  • Potential rental income of £475 per calendar month
  • Gas central heating (new boiler installed 2018 with 7 year guarantee) and UPVC double glazing
  • Re-wired in 2016 including smoke alarms and Niceic Electric certificate, damp treatment in Dining Room with 20 year guarantee
  • EPC Rating: D
  • Fitted Kitchen ( newly installed 2016) including intergrated oven and hob
  • Two bedrooms and bathroom (newly installed in 2016) to the first floor
  • Attic bedroom to the second floor
  • Enclosed rear garden
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Sold at Auction for £67,500

Terraced House

Property Description:

DRAFT DETAILS
A three storey, three bedroom terraced house benefiting from gas central heating (boiler installed in 2018 with 7 year warranty) and UPVC double glazing. Re-wired in 2016 and current niceic electric Certificate, including smoke alarms. The accommodation comprises of lounge, separate dining room (Recently damp proofed with 20 year warranty) and fitted kitchen including integrated oven and hob ( installed November 2016). Two bedrooms and bathroom ( newly installed November 2016) to the first floor and attic bedroom to the second floor. Enclosed rear garden and being conveniently situated on the outskirts of Mansfield town centre.

The accommodation comprises:

Lounge

11ft 4 x 11ft 3
Upvc door and window to the front. Radiator and fitted cupboards to either side of the chimney breast. one of the cupboards houses the gas and electric meters and the consumer unit, which confirms the last inspection date as being November 2016.

Inner Hall

With stairs rising to the first floor

Dining Room

13ft 3 x 11ft 3
Upvc window to the rear. Radiator and fitted cupboard. Ornamental fireplace with marble style hearth and insert. Under stair cupboard. This room was recently damp proofed and a 20 year warranty will be provided.

Kitchen

10ft 7 x 4ft 9
Newly installed in November 2016 with modern base and eye level units, work surfaces and stainless steel sink unit with single drainer. Integrated electric oven, gas hob and cooker hood. Radiator and upvc door and window.

First Floor
Landing

With stairs rising to the second floor.

Bedroom one

11ft 4 x 11ft 2
Upvc window to the front, radiator and built in cupboard.

Bedroom Two

10 ft6 x 5ft 3
Upvc window to the rear, radiator and laminate flooring.

Bathroom

Newly installed in November 2016 with modern three piece white suite comprising panelled bath, wash hand basin and wc. Cupboard housing the combination boiler, which was installed in 2018 and comes with a 7 year warranty. Radiator, upvc window and tiled surrounds.

Second Floor
Attic Room

11ft 2 x 10ft 9
Upvc window to the front, radiator and access to the remaining eaves space.

Outside

Enclosed rear garden.

Tenure:

Freehold. Vacant possession upon completion.


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.