This property remains available and open to offers following the auction on 25 April 2024.
Please contact the auctioneers on 0800 046 5454 for further details.

An investment property currently generating a handsome income of £9k per year with scope to increase with rents rising rapidly in the area.

This 2 bedroom semi detached house has an existing long term tenant in situ currently paying £750pcm. The property is located in a sought after location with 2 bedroom properties being renting out in the region of £1,000 pcm.

The property is in good order and has 2 downstairs reception rooms, kitchen, 2 double bedrooms and a family bathroom. It is close to a wide range of local amenities and transport links.

Accommodation
Ground Floor:
Lounge - 11ft 10 x 11ft 2
Dining Room - 11ft 10 x 11ft 2
Kitchen - 10ft 6 x 6ft 7
First Floor:
Bedroom One - 11ft 10 x 11ft 2
Bedroom Two - 11ft 10 x 11ft 2
Bathroom - 10ft 6 x 6ft 7
Additional Information: Construction Material: Standard brick. Services: TBC. Heating: Boiler, mains gas. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as high in this area. Satellite and Cable - BT, Sky and Virgin show as available in this area.
Note 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

EPC Rating: E

Terms:
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 Variable Fee (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.