Semi-detached house
The property requires a scheme of improvement and upgrading and when fully let we would anticipate an approximate rental income in the region of £33,000-£35,000 per annum. The UPVC double-glazed living accommodation in brief comprises three one bedroomed self-contained flats to the ground floor, and to the first and second floors there are two further one bedroom self-contained flats on each floor. Outside to the front the property is set back from the road with hard standing and pedestrian access to the side leads to the rear garden.
The property is surrounded by similar style properties and is always popular with landlords/investors and represents an excellent opportunity for a high yield residential investment property.
Comprising entrance hall, kitchen-diner, shower room, lounge and bedroom
Comprising entrance hall, lounge, kitchen-diner, bedroom and shower room
Communal side entrance hall with staircase to first floor
Comprising entrance hall, lounge, kitchen, bedroom and shower room
Comprising entrance hall, kitchen-diner, shower room, lounge and bedroom
Comprising entrance hall, kitchen-diner, shower room, lounge and bedroom
Comprising entrance hall, kitchen-diner, shower room, lounge and bedroom
Comprising entrance hall, kitchen-diner, shower room, lounge and bedroom
Freehold. Vacant possession upon completion.
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.
