Semi-detached house
The property is well placed for the City centre and the Intu shopping centre and when works are complete will surely produce a high yield income attracting investors and landlords.
Constructed of traditional brick beneath a pitched tiled roof, the character accommodation consists of entrance hallway with Minton tiled flooring and two, one bedroomed self-contained flats. To the first floor landing there is a two bedroomed self-contained flat and a one bedroomed flat. To the second floor there is a one bedroom self-contained flat which is rented out £300 per calendar month. The property is set back from the road with fore garden.
The property is located just off Burton Road in an established and highly convenient location surrounded by very attractive similar style period properties. Excellent freehold investment opportunity.
Flat One comprising double bedroom, shower room/wc, lounge/kitchen.
Flat Two comprising bedroom, lounge/kitchen, shower room/wc. Access to cellar.
Flat Three comprising bedroom, lounge/kitchen, shower room/wc.
Flat Four comprising two double bedrooms, shower room/wc, kitchen, lounge.
Flat Five comprising double bedroom, bathroom/wc, kitchen, lounge.
Freehold. Part let/part vacant.
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 Fixed Fee.
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 auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s 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
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.
