End of terrace house
DRAFT DETAILS: The house is in need to full renovation but offers good room sizes and due to being an end terrace offers excellent scope for use as a 4 bedroom HMO, subject to any required permissions. This is not an Article 4 area.
The property would make a great family home or good buy to let investment which would let for an estimated £650pcm / £7800 per annum.
Potential income as a HMO would be in the region of £17,000 per annum.
In more detail the property comprises:
3.97m x 3.48m
With window to the front aspect.
4.14m x 3.76m max
With window to the rear asect.
3.98m x 2.62m
Having basic units, sink, pantry and both window and door to the rear garden.
3.81m x 3.51m
With window to the front.
.21m x 3.76m
With window to the rear.
3.96m x 2.31m
With window to the rear.
A rear garden area with brick store, further wc and being enclosed by walling with rear gated access.
Freehold.
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.
