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6 Hills Lane Drive, Madeley, Telford, TF7 4BP

Lot no: 57 Re-entry to a future auction
 

Guide Price £48,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 28th January 2021

10.30am
Key Features
  • First floor flat
  • Two bedroomed spacious accommodation
  • Conveniently located
  • Ideal first time buy or investment opportunity
  • EPC Rating: C
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Re-entry to a future auction

Flat

Property Description:

A gas centrally heated first floor two bedroomed flat having spacious rooms throughout and comprising of a living room, kitchen, two double bedrooms and a bathroom.

The property is conveniently located for local shops and schools and Telford town centre is a short drive away where there is a wider range of shopping, recreational and education facilities including the superb Southwater development.

The flat would ideally suit first time buyers and investors who could expect to let the flat out for around £475 per calendar month.

In more detail the accommodation comprises -

Communal Entrance

Communal entrance door with intercom entry system, stairs to the first floor leading to a private entrance door into the flat.

Entrance Hallway

Having intercom entry system and doors leading to bedrooms, kitchen, bathroom and living room.

Living Room 12'7” x 14'7”

Having one uPVC double glazed window, door to Juliette balcony, two central heating radiators and a further window.

Kitchen 7'6” x 10'

Fitted with wall mounted cupboards, work tops incorporating stainless sink and drainer with cupboards beneath, window, space and plumbing for a washing machine, space for fridge freezer and cooker.

Bedroom One 12'7” x 10'7”

Having window and central heating radiator.

Bedroom Two 10'11” x 9'3”

Having window and central heating radiator.

Bathroom 7'6” x 5'8”

Fitted with a three piece suite comprising bath, low level wc and pedestal wash hand basin, window and central heating radiator.

NOTE:

The vendor advises us that the property is leasehold with 96 years left on the lease from 2020. The vendor also advises us that there is an annual service charge of £963.25 and an annual ground rent of £10.

Tenure:

Leasehold.



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.

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