Terraced House
A large bay windowed end of terrace property in good order located opposite the Northern General Hospital. The property would be of interest to investors as it has been previously let at £1,300 pcm (£15,600 per annum) and has the potential of providing multi let rooms which could generate a higher overall income, the property is also currently in use as an AirBnB where is currently runs on a 60% occupancy basis which produces £21,000 per annum (60% average occupancy = £1,750 pcm) . The property would also be well suited to owner occupier / families looking for larger then average accommodation. Arranged over three floors the property has four bedrooms, two reception rooms, two bathrooms, a modern kitchen, gas central heating and double glazing. The property has off street parking to the front and a neat enclosed rear garden.
Entrance Hall<br>Lounge<br>Dining Room<br>Kitchen
Bedroom One<br>Bedroom Two<br>Bathroom
Bedroom Three<br>Bedroom Four <br>En-Suite
The property has parking to the front with an enclosed rear garden
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 2.4% of the purchase price (subject to a minimum of £3,000 inc. VAT)
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding 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.
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