Terraced House
DRAFT DETAILS AWAITING VENDOR APPROVAL
This three bedroom mid terrace house in need of some modernisation would make an ideal investment opportunity for someone looking for a property in need of refurbishment, likely to achieve £550 per calendar month in rental offering a potential 11% yield. The layout briefly comprises entrance hallway, lounge, separate dining room, kitchen, bathroom. To the first floor are three bedrooms. Externally, the property benefits from an enclosed rear yard.
Accessed via double glazed entrance door, stairs to first floor, radiator.
Walk in double glazed bay window, feature fireplace with inset gas fire, radiator.
Double glazed window, feature fireplace, radiator.
Fitted with a range of base and eye level units with complimentary work surfaces incorporating ceramic sink and drainer with mixer taps, built in oven and hob with extractor hood above. double glazed door to rear yard, double glazed window.
Fitted with white suite including wash hand basin and WC, walk in wet room style shower, double glazed window.
Double glazed window, radiator.
Useful storage cupboard.
Double glazed window, radiator.
Double glazed window, radiator.
The property benefits from an enclosed rear yard.
Whilst our partner agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Freehold. Vacant possession upon completion.
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.
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 and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
