Terraced House
A two bedroomed mid terrace property located in the sought after location of Sutton in Ashfield. The property benefits from a new gas cooker installed 2017, electric smoke detector on each floor, combination boiler installed in December 2011 and NICEIC Electric certificate issued in August 2017.
The property comprises of lounge, kitchen, two bedrooms, bathroom and garden to the rear. Benefits from gas central heating and Upvc double glazing. Located close to local amenities and transport links to Sutton in Ashfield town Centre.
The property would make an excellent investment as it benefits from a full selective housing licence with certificate from February 2018. The last received a rental income of £395pcm, however now has the potential to achieve £425pcm according to a local letting agent.
The accommodation briefly comprises of:
With stairs leading to first floor
11ft 6 x 11ft
With Upvc door and window to the front, radiator and cupboard housing the gas and electric meters and updated consumer unit
11ft 3 x 8ft 3
With base and eye level units, work surfaces, stainless steel sink unit and single drainer. Built- in electric oven and gas hob (not tested). Upvc window to the rear, door to the garden and access to the cellar.
With staircase providing access to the second floor bedroom
11ft 6 x 11ft
With Upvc window to the front and radiator
Three piece white suite comprising panelled bath, wash hand basin and wc. Cupboard housing the combination boiler, built in storage cupboard, Upvc window and radiator
10ft 10 x 10ft 3
With double glazed skylight and radiator
Enclosed rear garden
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.
