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12 New Garden Street, Stafford, ST17 4DB

Lot no: 10 Sold at Auction for £118,000
 

Guide Price £95,000+ 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 25th March 2021

10.00am
Key Features
  • Large Freehold Traditional Victorian Terrace
  • Great development potential
  • Central to Stafford town centre & local amenities
  • Investment property
  • EPC Rating: D
  • Potential for high yields as a HMO
  • Refurbishment opportunity
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Sold at Auction for £118,000

Terraced House

Property Description:

A fantastic opportunity for all investors. Previously believed to be a Doctor’s Surgery, this property has huge potential and offers 1,230+ sq. ft. of accommodation with the added potential of a loft conversion, subject to the necessary consents.

Whether you are looking to renovate and sell, rent out or convert to a HMO (subject to consents) this is a fantastic opportunity with accommodation comprising two reception rooms, kitchen, three bedrooms, bathroom, cellar and a range of outbuildings. An excellent opportunity.

The property is situated within walking distance of Stafford town centre, Stafford offers easy access to the Motorway and M6 Toll through Junctions 13 and 14 of the M6 as well as a wide range of supermarkets, high street shops and restaurants.

The accommodation comprises:

Ground Floor:
Entrance Hall

With access to cellar 12.0 x 6.1 ft

Lounge

14.2 x 11.11 ft

Dining Room

12.0 x 11.11 ft

Kitchen

10.0 x 7.10 ft

First Floor:
Bedroom One

17.10 x 12.0 ft

Bedroom Two

12.1 x 12.0 ft

Bedroom Three

10.2 x 8.6 ft

Bathroom

8.11 x 5.5 ft

Outside

Rear garden with outbuildings.

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.

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