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20 Navigation Road, Stoke-On-Trent ST6 3BF

Lot no: 124 Re-entry to a future auction
 

Guide Price £100,000+ 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 September 2022

10.00am
Key Features
  • Three bedrooms
  • Ideal investment opportunity
  • Close proximity to shopping facilties
  • EPC Rating: C
  • Council Tax Band: B
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Re-entry to a future auction

Semi-detached house

Property Description:

DRAFT DETAILS

A three bedroom, semi-detached property in Stoke-On-Trent, currently let producing £540 per calendar month.

Situated within close proximity of Burslem town centre, with all necessary amenities nearby is this three bedroom, semi-detached house. The property is ideally placed for access to a full range of shopping facilities, transport links and plenty of popular restaurants and bars. Stoke-on-Trent is just less than five miles from the property and Newcastle-Under-Lyme just less than four miles away, both are easily accessible via public transport. There are a number of outdoor spaces within easy reach. The Haywood Hospital is also just over a mile away. Transport Links include regular bus services, strong road connections and train services operating from Longport station, approximately one mile from the property.

Note:

Please be advised that the auctioneers have not personally inspected the property and therefore room measurements/layout are currently not available. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Freehold. Subject to tenancy.



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.