Terraced House
DRAFT DETAILS
The accommodation is arranged over three floors, let on Assured Shorthold Tenancies on a room-by-room basis with an annual income in excess of £9,300 (when fully let) with scope to increase. Currently has the benefit of a HMO licence. An established investment opportunity in a popular location.
The accommodation comprises:
Upvc front door, doors leading to bedroom one, communal area and stairs to first floor.
Upvc bay window to the front elevation, radiator. Built-in wardrobes.
Upvc window to the rear elevation, radiator, doors leading to kitchen and cellar.
Upvc window to the side elevation, fitted kitchen with wall and base units, stainless steel sink and drainer, part tiled walls, wall mounted boiler, door leading to downstairs bathroom. Upvc back door.
Upvc window to the side elevation, bath with electric shower over, wash hand basin, low level WC, part tiled walls and radiator.
Separated into two rooms, electrics and gas meter.
Stairs from ground floor, radiator, doors leading to bedroom two and bedroom three.
Upvc window to rear elevation, radiator. Built-in wardrobes.
Upvc window to front elevations, radiator. Built-in wardrobes.
Stairs from first floor, storage into eves, door to bedroom four.
Window to front elevation, radiator. Built-in wardrobes.
Rear yard with joint access to the front of the property.
Freehold.
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.
