Semi-detached house
A semi detached house in a popular residential area with potential to generate an impressive rental income in the region of £12,000 per year once let. This property is now vacant and would make a great buy to let purchase for any investor, boasting three generously sized bedrooms, a 17ft lounge, breakfast kitchen as well an upstairs bathroom and downstairs utility with a WC. There is a patio area and gardens to the front and rear
Viewings are available and a walk around video can be seen by clicking on the virtual tour.
The property has the potential to generate a handsome yield against our guide price in excess of 12%.
17 Max in to Bay x 13ft 8
12ft 2 x 9ft 4
9ft 4 x 4ft 6
12ft 9 x 9ft 4
10ft 8 x 9ft 4
9ft 7 x 7ft 5
Front and rear garden, patio area.
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.
