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Flat 5 Woodlands Court, Wood Street, Kettering NN16 9SD

Lot no: 84 Sold at Auction for £54,000
 

Guide Price £45,000 - £55,000 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 28th September 2023

10.00am
Key Features
  • Guide price: £45,000 - £55,000
  • Two bedroomed flat
  • Prime location
  • Potential to add substantial value
  • Parking
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Sold at Auction for £54,000

Flat

Property Description:

A two bedroomed first floor apartment located within a well-established residential area within walking distance to the town centre and a short distance from Kettering Railway Station (London accessible within an hour).

The property requires decoration and refurbishment however we have noted new uPVC windows.

Property is offered with an independent entrance and comprises of entrance hall, open plan kitchen/living room, two ample bedrooms and bathroom. One allocated parking space.

It is of our opinion this property would rent for up to £725 per calendar month once refurbished.

Entrance Hall

UPVC entrance door, consumer unit, doors to principal room

Living Room/Kitchen 4.35m x 3.10m

Double glazed window to rear, partial plumbing, sockets and fittings for kitchen appliances.

Bedroom One 4.35m x 3.10m

Double glazed window to front.

Bedroom Two 3.25m x 2.05m

Double Glazed Window to side

Bathroom 2.00m x 1.90m

Double glazed window to rear, space and plumbing for bathroom fittings.

Outside

One allocated parking space.

Leasehold Information

99 years from 30 September 1988. We are given to understand that the Ground Rent is £292.00 per annum and the Service Charge is £350.00. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. Prospective buyers are advised to inspect the legal documents.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Leasehold. 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 £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.