Terraced House
Potential high yield residential investment opportunity.
Set back from the road on a deep plot in an established residential location, conveniently positioned for the Queens Hospital, Burton is a well proportioned and maintained mid-terraced property currently let on 4 x Assured Shorthold Agreements producing a combined income of £19,680.44 per annum. This represents an impressive 14.2% return based on the guide price.
The uPVC double glazed and gas centrally heated living accommodation consists of entrance hall, bedroom one, fitted kitchen and a dining room. To the first floor landing there are three bedrooms and a bathroom. Outside to the front there is a full width block paved driveway with a shared passageway to the side provides access to a good sized enclosed rear garden. Excellent high yield residential investment opportunity.
The internal photographs have been supplied by the seller and illustrate the accommodation before the tenancies commenced.
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 Fixed 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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
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.
