End of terrace house
Property Description:
A three bedroom end terraced investment property with tenants in situ.
The property is let on an Assured Shorthold Tenancy Agreement for a term of 5 years from 15/11/2024 producing a rental of £750 pcm (£8,400 for the first three years) and then £800 pcm (£9,600 per annum for the remaining two years).
The property briefly comprises or an entrance porch and hall, lounge/diner and kitchen on the ground floor, with 3 bedrooms and a bathroom on the first floor. Outside there is a front and rear garden both of which are paved.
Entrance Porch and Hall
Lounge/Diner - 5.82m x 4.66m
Kitchen - 2.62m x 2.41m
Bedroom One - 3.76m x 2.78m
Bedroom Two - 4.39m x 2.76m
Bedroom Three - 3.10m x 1.80m
Bathroom 1.94m x 1.7m
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 under and Unconditional sale type.
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 4.8% of final sale price (subject to a minimum of £6,000 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.
