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2 Timlett Cottages, Stanton, Shifnal, TF11 8PG

Lot no: 54 Re-entry to a future auction
 

Guide Price £185,000+ 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.

Tuesday 29th October 2019

11.30am
Key Features
  • Three bedrooms
  • Two reception rooms
  • Gardens
  • Additional land with current return of £7,200 per annum
  • EPC Rating: E
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Re-entry to a future auction

Semi-detached house

Property Description:

A three bedroomed property with additional land, located in a quiet slip road off the Stanton Road. The accommodation benefits from double glazing and gas central heating however requires a scheme of modernisation and improvements throughout.

In addition to the main residence and gardens there is a parcel of land to the side and rear with additional outbuildings currently utilised as kennels that are currently let to a professional racing trainer.

Viewings are strictly by appointment only. Please contact the Auctioneers to arrange an appointment.

The property comprises:

Ground Floor:
Hallway
Lounge

14.1ft x 11ft max

Reception Room

10ft x 8.10ft

Lobby
Kitchen

8.5ft x 7.5ft

W/C and Side Porch
First Floor:
Three Double Bedrooms

Bedroom One - 15.5ft x 9.3ft
Bedroom Two - 11ft x 8.8ft
Bedroom Three - 10.11ft x 9.9ft

Bathroom

6.9ft x 6.1ft

Outside:
Driveway
Fore Garden
Secure Rear Garden
Shed

14.5ft max x 11.10ft

Land to Rear with Outbuildings
Tenancy Details:

The main property will be sold with vacant possession. The land to the rear and outbuildings are currently let to a professional racing trainer for use as kennels with a gross income of £7,200 per annum. The racing trainer has a desire to remain as a tenant should the buyer desire. The Auctioneers have not had verified the tenancy agreement and further details will be provided in the legal pack.

Tenure:

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.