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FOR SALE BY CONDITIONAL ONLINE AUCTION On behalf of Hammonds Chartered Surveyors Bidding Ends 30th November 2017 @ 12pm Contact SDL Auctions for details on 0345 222 0197
FOR SALE BY CONDITIONAL ONLINE AUCTION
On behalf of Hammonds Chartered Surveyors
Bidding Ends 30th November 2017 @ 12pm
Contact SDL Auctions for details on 0345 222 0197
Three Bedroom Semi Detached
Great Investment! Yield 7.5%! This Semi-Detached property benefits from UPVC double glazing, gas central heating & neutral decor throughout. In brief the property comprises of Bay fronted lounge with feature fireplace, diner with rear bay window, fully fitted kitchen with access to garden, two double bedrooms, one single bedroom, family bathroom with shower over bath, enclosed rear garden, driveway for two plus cars, garage with front & side access and front garden. The property is located in the popular residential area of High Line, 1.0 mile to the North-East of Burslem town centre in the City of Stoke on Trent. The property is occupied under the terms of an Assured Shorthold Tenancy agreement dated 18 December 2009. The rent is currently set at £550 per month.
See Legal Pack
The Conditions of Sale will be available online at least seven days prior to sale ending 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 the end of the auction.
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
By arrangement with the auctioneer 0345 319 2162 or can be booked online www.sdlauctions.co.uk/online-auctions
EPCs can be viewed in full on our website www.sdlauctions.co.uk on the sales details page or in the legal pack.
Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online-auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.
Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.
If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and have 28 days within which to exchange. If you fail to do so, you may lose your reservation fee. During the 28 day reservation period, the seller is not able to accept other offers.
The sale of each Lot is subject to a reservation fee of 4% + VAT (4.8% inc VAT) subject to a minimum £5,000 +VAT (£6,000 inc VAT). The reservation fee does not contribute towards the purchase price.
We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.
By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.
Full terms and conditions are available at www.sdlauctions.co.uk/online-auctions
Hammond Chartered Surveyors
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.