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16 Rullerton Road, Wallasey CH44 5XQ

Lot no: 184 Postponed
 

Guide Price £175,000+ 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.

Tuesday 5th September 2023

10.00am
Key Features
  • Three Bedroom Semi Detached House
  • Three Reception Rooms, New Kitchen and Bathroom
  • Loft Room
  • Rental yield of 10.8% against the guide price
  • From 1st Sept Rental Income will be £1,600 pcm (£20,800 per annum) with potential to increase to £24,700 per annum
  • Fully furnished with gas safe and electric certificates
  • EPC Rating: E
  • Council Tax Band: B
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Postponed

Semi-detached house

Property Description:

A semi detached property with three reception rooms, newly fitted kitchen and shower room to the ground floor. Three bedrooms and newly fitted bathroom to the first floor and loft room to the second floor. Garden to the rear.

Within walking distance of local amenities and close to transport links.

Vendor has advised that the property will come fully furnished complete with furniture and kitchen appliances along with gas safe and electric certificates. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Entrance Hall
Reception Room
Lounge
Dining Room
Kitchen
Shower Room
First Floor
Bathroom
Bedroom One
Bedroom Two
Bedroom Three
Second Floor
Loft Room
Tenancy Details (advised by seller on below details):

There are three tenants renting rooms each on an assured shorthold tenancy (let on a weekly basis). Room One is achieving £105 per week. Room Two is achieving £110 per week. Room Three is achieving £110 per week. Room Four - tenancy starting from 01/09/2023 at £75 per week. Room Five - vacant possession (potential rental income of £75 per week if HMO licence acquired). Please refer to the legal pack for further details.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Part let/part vacant.



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.