Maisonette
DRAFT DETAILS - A spacious one bedroomed first floor maisonette situated in a quiet cul-de-sac location.
The property is in need of modernisation but benefits from gas central heating, uPVC double glazing and has its own garden to the rear.
An ideal first time buy or great buy-to-let investment which would let for an estimated £475 per calendar month/£5,700 per annum once renovated and therefore providing a return of around 10%.
Well placed for local shops, parks, schools and bus routes.
In more detail -
With stairs to first floor.
Leading to -
With gas fire, radiator and window to the front aspect.
With base and wall units, sink, appliance spaces and window to the front.
With radiator, built in cupboard with combi boiler and window to the rear.
With low flush wc, wash hand basin and panelled bath. Window to the rear aspect.
Communal parking to the front of the property. An enclosed rear garden with useful store.
Leasehold.
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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