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113 Queen Street, Burton on Trent, Staffordshire DE14 3LR

Lot no: 24 Postponed
 

Guide Price £49,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 28th May 2020

10.30am
Key Features
  • Two bedroomed terraced house close to amenities
  • Ideal buy to let investment
  • Potential rental income around £500 per calendar month
  • Excellent opportunity
  • EPC Rating: C
  • ·
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Postponed

Terraced House

Property Description:

The property is well placed for the shops, bars and restaurants in the town centre and within easy reach of the Burton Hospital. Ideally it requires some modernisation but benefits from gas central heating, uPVC double glazing and has been re-roofed. It would make a great home or buy to let investment. Estimated rental value of £500 per calendar month/£6,000 per annum and therefore offering a return of 12%.

Lounge/Dining Room 6.78m x 3.51m

Front entrance door leads into the lounge / dining room, having uPVC double glazed windows to front and rear.

Kitchen 3.84m x 1.91m

A range of kitchen units, work surfaces, sink unit, built in hob and oven, uPVC double glazed window to side and door to rear garden.

Landing

The property has two flights of separate stair cases leading up in opposite directions. One staircase leading to the bedrooms and the other leads to the bathroom.

Bedroom One 3.66m x 3.35m

With uPVC double glazed window and central heating radiator.

Bedroom Two 3.33m x 2.62m

With uPVC double glazed window, over stairs cupboard and central heating radiator.

Bathroom 3.07m x 1.88m

Panelled bath with shower over, wash basin, wc, tiling to walls and floor, central heating boiler, uPVC double glazed window.

Outside

Small fore-garden path leading to the front door. Enclosed, low maintenance rear garden.

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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.

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