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6A Grange Avenue, Ollerton, Newark, Nottinghamshire NG22 9AG

Lot no: 129 Postponed
 

Guide Price £159,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 29th June 2023

10.00am
Key Features
  • Three bedroom detached house
  • Currently let at £850 per calendar month
  • Popular Location
  • EPC Rating: D
  • Council Tax Band: C
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Postponed

Detached house

Property Description:

A three bedroom detached house in popular location.

The property is situated in a quiet cul de sac location within Ollerton. Good local amenities are close by along with the beautiful Ruffor Abbey Country Park.

The auctioneers have not inspected the property internally but are informed it benefits from gas central heating and UPVC double glazing.

The property is being sold with a tenant in situ. Let on an assured shorthold tenancy expiring on January 2025. As such no internal viewings are available.

Rental income £850 per calendar month/£10,200 per annum

An ideal but to let investment opportunity.

Ground Floor

Hallway, Lounge, Dining Room, Kitchen.

First Floor

Landing, Bedroom One, Bedroom Two, Bedroom Three and Family Bathroom.

Outside

Gardens to front offering driveway parking. Enclosed gardens to the rear.

Note

Please be advised that the auctioneers have not personally inspected the property and there is no access available for this property. Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

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 Fixed Fee.

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 auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers 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.