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Terraced House
A two bedroom stone built mid terraced property.
This house has undergone a scheme of works which include new composite doors and double glazed windows front and rear as well a refurbished kitchen and bathroom. All that is required are some finished touches and a new landlord looking for a property with the potential to generate in excess of £6k per year which is an impressive return and equates to a impressive gross yield against the guide price of 17% So if you are looking for a buy to let this is definitely a property to register to bid on!
The terrace briefly comprises a reception room and modern kitchen downstairs, upstairs a master bedroom to the front, second bedroom and bathroom to the rear. Bathroom is a three piece white suite. Please note the seller has informed us that there is currently no gas meter.
Under the Estate Agents Act 1979 we are required to declare any conflict of interest. The seller of this property is also our partner agent in the sale, and will receive part of any Buyers Fee as commission. If you have any queries regarding this, please contact us for further information.
These sales details are awaiting vendor approval.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Leasehold. Vacant possession upon completion.
865
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. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers 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 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.
