End of terrace house
The property on offer is a two-bedroom end of terrace set in larger than average gardens to three sides.
Located close to tram links, local shops, the hospital and motorway links means that the property will suit investors as rental demand in the vicinity is high with two bedrooms renting for at least £900 PCM and three bedrooms around £1350 per month. Our partner agent has suggested a minimum resale value as a two bedroom would be around £170,000 and as a three bedroom and extended at least £240,000.
The accommodation is in need of improvement comprising vestibule, living room and dining kitchen on the ground floor, the first floor has two bedrooms and a bathroom.
Externally the property has substantial lawned gardens to three sides.
It is felt that the property has ample scope to be extended to the side and rear to provide additional accommodation subject to the relevant planning permission being obtained.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
These sales details are awaiting vendor approval.
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 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 £8,400 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.
