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63 Holland Street, Bolton, BL1 8PA

Lot no: 230 Sold Prior to Auction
 

Guide Price £66,000+ 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 29th July 2021

10.00am
Key Features
  • EXCELLENT TRANSPORT LINKS
  • LONG-TERM SITTING TENANT
  • EASY ACCESS TO LOCAL AMENITIES AND SCHOOLS
  • 8.1% YIELD AT CURRENT GUIDE PRICE
  • EPC Rating: D
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Sold Prior to Auction

Terraced House

Property Description:

The property is for sale with a long-term sitting tenant - current rent £440 pcm providing gross yield of 8.1% Tenure - Long leasehold - 838 years remaining.

This two bedroomed mid-terraced property is located in the heart of the popular Astley Bridge area. Access to local amenities, schools and transport networks is excellent.

The accommodation briefly comprises lounge, kitchen dining room, two bedrooms and bathroom with over bath shower. Enclosed rear yard.

Living Room

UPVC double glazed window to front elevation, radiator, carpeted, living flame gas fire with Adam style surround.
12.9ft x 14ft (3.94m x 4.26m)

Kitchen Diner

UPVC double glazed window to rear elevation, radiator, selection of light fronted wall and base units, breakfast bar area
12.9ft x 8.9ft (3.92m x 2.72m)

Front Bedroom

UPVC double glazed window to front elevation, radiator, full wall fitted wardrobes with sliding doors
12.8ft x 13.7ft (3.89m x 4.18m)

Rear Bedroom

UPVC double glazed window to rear elevation, sliding door into room, radiator
7.1ft x 6.3ft (2.15m x 1.91m)

Bathroom

UPVC double glazed window to rear, three piece bathroom suite with over bath shower, radiator
9.1ft x 5.4ft (2.77m x 1.64m)

Tenure:

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.