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2 Bishop Street, Sutton-In-Ashfield, Nottinghamshire NG17 2AP

Lot no: 30 Sold at Auction for £82,500
 

Guide Price £68,000+ 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.

Wednesday 27th March 2024

9.00am
Key Features
  • Three Bedroom end terraced property
  • Let at £685 per calendar month
  • Gas central heating and UPVC double glazing
  • Ideal buy to let investment opportunity
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Sold at Auction for £82,500

End of terrace house

Property Description:

A three bedroom, three storey end terrace property which is well located close to local amenities and schooling.

The property is offered let with an income of £685 per calendar month/£8,220 per annum.

Benefitting from gas central heating and UPVc double glazing along with an added benefit of hallway, utility room, three good size bedrooms and good size garden which could offer scope for off road parking/garage subject to any required consents.

A superb addition to any rental portfolio with a ready made income from day one and a potential return yield of over 10% at the current guide price.

Reception Hallway

With stairs off.

Lounge 4.18m x 2.15m

With fireplace, radiator and window to front.

Dining Room 3.62m x 3.42m

With radiator, under stairs cupboard and window to rear.

Kitchen 2.81m x 2.15m

With base and wall units, sink, worktops, window to side and door to garden.

Utility Room 2.56m x 2.35m

With base units, space for appliances, wall mounted boiler and window to side.

Landing

With window to side, doors to bedrooms and bathroom and further staircase to second floor.

Bedroom One 3.50m x 3.34m

With radiator and window to front.

Bedroom Two 3.04m x 2.60m

With radiator and window to rear.

Bathroom

Having low flush w.c. wash hand basin and panel bath with shower over. Radiator and window to rear.

(Second Floor) Bedroom Three

With radiator and window to rear.

Outside

Enclosed rear garden with lawn, patio and brick store.

Construction material:

Standard brick.

Sewerage arrangements:

Mains.

Electricity supply:

Mains.

Broadband:

Standard - 15 mbps. Superfast - 42 mbps. Ultrafast - 1000 mbps.

Mobile phone coverage:

O2, EE, Three, Vodafone.

Note:

Measurements are max/average dimensions due to irregular room shapes. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.



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.