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25 Somersall Street, Mansfield, Nottinghamshire NG19 6EJ

Lot no: 6 Sold at Auction for £89,000
 

Guide Price £65,000+ 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 30th November 2023

10.00am
Key Features
  • Semi Detached House
  • Requires Modernisation
  • 3 Bedrooms
  • Ideal Investment
  • Popular Location
  • Vacant and Freehold
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Sold at Auction for £89,000

Semi-detached house

Property Description:

A 3 bedroom semi detached house in need of modernisation.

The property is well situated in a popular residential location close to local amenities and schooling.

The house will make a great family home or excellent buy to let invetsment. Benefitting from UPVC double glazed windows but requiring general upgrading works.

Well located with easy access to Mansfield town centre, Kings Mill Hospital and the M1 Motorway.

Estimated rental value after refurbishment of £750 pcm / £9000 per annum.

Reception Hallway

With stairs to first floor and door to lounge.

Lounge 4.81m x 3.50m

Gas fire with surround and hearth and bay window to front aspect.

Kitchen 3.60m x 2.73m

With basic kitchen units, sink, understairs pantry and both door and window to rear.

Landing

With window to side.

Bedroom One 4.22m x 2.72m

With airing cupboard and window to front.

Bedroom Two 2.87m x 2.76m

With window to rear aspect.

Bedroom Three 2.86m x 1.85m

With window to front aspect.

Bathroom

Having low flush w.c. wash hnad basin and panel bath. Window to rear.

Outside

Walled garden to front. Side gated path leads to the rear garden <br>The rear garden is overgrown but a good size with patio seating area and two brick stores.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

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.