Semi-detached house
The current owner has made some significant improvements to the property yet it still retains a wealth of character and charm throughout.
To the ground floor there is a communal entrance hall with two, one bedroomed flats. To the first floor there are two further one bedroomed flats.
The property occupies a popular location surrounded by similar style properties and is always a popular choice with landlords/investors.
With kitchen diner, bedroom with shower. Let on an AST at £65 per week (£3,380 p.a.).
Comprises lounge, kitchen diner (refitted kitchen), separate refitted shower room. Please note this room is vacant however we would anticipate a rental income in the region of £85 per week, thus producing an income approx £4,420 p.a.
Comprising entrance hall, lounge, kitchen diner (refitted kitchen), separate refitted shower room. Please note this room is vacant however we would anticipate a rental income in the region of £85 per week, thus producing an income of approx £4,420 p.a.
Comprises entrance hall, lounge, kitchen diner, bedroom, separate shower room. This is let at £70 per week (£3,640 p.a.).
A combined rental income when fully let would be in region of £15,860 p.a. However there is scope for significant rental increase.
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.
