Semi-detached house
Located in the heart of Tibshelf Village Centre, is a recently improved two bedroom semi detached period cottage, situated within literally yards of Town End Junior School, free car park and a range of local shops and amenities.
The property has neutral decor throughout, complimented by uPVC double glazed windows, gas central heating and in brief comprises; entrance lobby with staircase, front sitting room and a generously sized refitted dining kitchen measuring 14ft x 12ft. To the first floor there are two well proportioned bedrooms and bathroom with a white three piece suite. Outside to the rear there is an enclosed garden that offers a certain degree of privacy.
In our opinion the property is ideally suited to a landlord and we estimate a potential rental income of £650 per calendar month (£7,800 per annum), this would represent an impressive 13.2% return based on the guide price.
Interestingly the property is situated within a short commute of the well known tourist attraction of Hardwick Hall, the popular towns of Alfreton, Mansfield, the A38 and M1 Motorway.
Excellent high yielding residential freehold investment opportunity.
With built in cupboard measuring 3ft 1 x 2ft 8
Outside to the rear there is an enclosed garden that offers a certain degree of privacy.
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 £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.
