End of terrace house
DRAFT DETAILS
This three/four bedroomed end-terrace property is ideal for any investor looking for a maximum return/yield on their investment.
The property is very well suited for individual room lets and the current owners have recently undertaken a scheme of works to ensure this property can fulfil it’s income potential. The property is close to a range of local amenities and has good transport links in to the city centre.
There are three/four double bedrooms one of which has an en-suite and an additional upstairs bathroom. (one of the downstairs reception rooms has been converted into Bedroom Four with en-suite facilities).
The vendors have informed us that the property was rewired recently and additionally they have changed the windows, put in a new bathroom, a “Howdens” kitchen, interlinked mains smoke alarms as well as fire doors. The property will require some re decorating and flooring. An excellent opportunity to add to your portfolio.
Vacant.
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.
