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116 Short Street, Stapenhill, Burton on Trent, DE15 9LT

Lot no: 14.0 Sold at Auction for £51,000
 

Guide Price £46,000 plus fees


Thursday 11th September 2014

12.00am
Key Features
RESIDENTIAL INVESTMENT two bedroomed end-terraced house situated close to shops and other facilities.
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Sold at Auction for £51,000

End of Terrace

Property Description

FOR SALE BY AUCTION - THURSDAY 11TH SEPTEMBER 2014
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM

Situated close to shops and other facilities, an opportunity to acquire a modernised end-terraced house, which has also had a replacement roof covering, let on an assured shorthold agreement at an annual equivalent rent of £5,700.

The accommodation which is gas centrally heated and uPVC double glazed comprises the following

Sitting Room

Modern Fitted Kitchen

Rear Entrance Lobby

Bathroom
With white modern suite.

Two First Floor Bedrooms

Rear yard and garden.

Tenancy Details
The property is let to a Mr M. Baker on an assured shorthold agreement which commenced in December 2012, a monthly rent of £475.

Directions
From Burton town centre follow the signs for the A444, turning right after the river bridge and at the next traffic island continue straight ahead into Rosliston Road.  Continue for some half a mile before turning right onto Long Street.  Proceed to the end of Long Street and at the T-junction turn right onto Short Street and the property will be found immediately on the left hand side.

Vendors Solicitors/Licensed Conveyancers
Patrick Meher, 19 York Road, Maidenhead, Berks  SL6 1SQ

Tenure
Freehold. Subject to tenancy.

Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. 

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note
Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of each lot is subject to a buyers contract handling fee of £750 (inc VAT) payable on the fall of the hammer.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary  

FOR EPC’S AND LEGALS PLEASE SEE THE WEBSITE
WWW.GRAHAMPENNY.COM

Feature 1

RESIDENTIAL INVESTMENT

Feature 2

Improved two bedroomed end-terraced house

Feature 3

Gas centrally heated and uPVC double glazed

Feature 4

Let at £475 pcm (£5,700 p.a.)

Feature 5

EPC Rating : E

Tenure: