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Flats 1 and 2, 15 Helmsley Way, Corby, Northamptonshire NN18 0PA

Lot no: 76 Re-entry to a future auction
 

Guide Price £200,000+ plus fees

UnconditionalOn 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 26th September 2024

9.00am
Key Features
  • Two recently converted self-contained flats
  • Ideal buy to let investment opportunity
  • Popular and convenient location
  • 1x One Bed and 1x Two Bed
  • Combined rental income of £21,000 per annum
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Re-entry to a future auction

Block of Apartments

Property Description:

A house which has been converted into two self contained apartments.

The property is believed to be in good order throughout and is well situated in a popular and convenient residential location.

Well placed for local amenities including shops, parks and schooling and giving easy access to Corby town centre along with good transport links to Kettering, Market Harborough and the M1 Motorway.

A ground floor two bedroom apartment and a one bedroom apartment to the first floor along with rear gardens to front and rear.

Currently let with a combined income of £21,000 per annum.

Ground Floor Flat- let at £900 per calendar month

Hallway, lounge/kitchen, bedroom one, bedroom two, bathroom and garden

First Floor Flat - let at £850 per calendar month

Lounge/kitchen, bedroom and bathroom

Note

Please be advised that utilities information is currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.

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.

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 (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.