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103 Cheetham Hill Road, Dukinfield SK16 5JL

Lot no: 116 Sold Prior to Auction
 

Guide Price £90,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Tuesday 19th December 2023

10.00am
Key Features
  • Two bedrooms
  • Ideal investment opportunity
  • Popular residential location
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Sold Prior to Auction

Terraced House

Property Description:

A two-bedroom, end-terrace property in Dukinfield, currently let producing £8,700 per annum.

An excellent investment opportunity comprising a two-bedroom, mid-terrace property in Dukinfield. The property is ideally placed within a popular residential area, close to all necessary amenities and services including shopping facilities, schooling and transport links. The local post office and pharmacy are both within easy reach and there are plenty of leisure facilities and outdoor spaces nearby. Transport links include regular bus services, good road links and train services operate from Hyde, Stalybridge and Ashton, all within easy reach. The current tenant pays £725 per calendar month but a rental increase up to £800 per calendar month is due.

A copy of the signed tenancy agreement has been requested, but at the time of marketing only the unsigned version is included within the legal documents. Therefore we cannot confirm the rental figure given in our marketing. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

The vendor has advised that the property benefits from a garden to the rear. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Ground Floor:

Lounge, Dining room, Kitchen, Shower Room with toilet

First Floor:

Double bedroom with En suite and double bedroom

Tenure:

Freehold. Subject to tenancy.



Auction Details

The sale of this property will take place on the stated date by way of Timed Auction and is being sold as Unconditional with Variable Fee (England and Wales).

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 fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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.