End of terrace house
Ideal investment property, rental yield 8.5% this two bedroom end terrace property is situated close to Oldham town centre and transport links. The accommodation briefly comprising; vestibule, lounge, kitchen/diner at ground floor level with two bedrooms and bathroom at first floor level, externally there is a rear, gated yard.
Full electric rewire in 2014, new combi boiler 2018 with 10 year guarantee, external works to roof and gable end carried out 2018.
The property is currently let and produces an annual rental income of £5,100 (£425 pcm).
With laminated flooring
With laminate flooring, radiator, uPVC double glazed window
With basic fitted kitchen comprising of wall and base units, cooker point, stainless steel sink unit, window and door to rear.
With uPVC double glazed window, radiator, fitted carpeting.
With uPVC double glazed window, radiator, fitted carpeting.
Fully tiled with three piece bathroom suite, uPVC double glazed window
To the rear there is a gated yard.
Leasehold. Subject to tenancy.
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 auctioneer’s fees apply:
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s 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 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 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.
