Terraced House
DRAFT DETAILS - Situated within easy reach of Pride Park is this slightly larger than average three double bedroomed mid-terraced property offering neutral decor and immediate vacant possession. In our opinion the property would produce a rental income of £550 per calendar month (£6,600 per annum) and the property offers potential for four lettable rooms and if they were let as four individual rooms they would let at approximately £85 per room. This would equate to a combined income of circa £16,000 per annum representing an excellent high yield return.
Internally the property offers sealed unit double glazing, gas central heating and in brief comprises lounge, separate dining room with opening through to a well equipped fitted kitchen with built in appliances and measuring 13'7" x 8', separate utility room and a bathroom with suite in white with shower. To the first floor landing there are three double bedrooms and potential for loft conversion subject to the usual planning consents. To the rear there is a pleasant and enclosed easy to manage garden.
The property is situated in a location always favoured by first time buyers, young couples, landlords/investors. Excellent freehold residential investment opportunity.
Entered by PVC door to front, sealed unit double glazed window in uPVC frame to front elevation, moulded coving to ceiling, central heating radiator.
Leading to -
With uPVC double glazed window to rear elevation, tiled floor covering, central heating radiator and opening through to the -
With uPVC double glazed window in uPVC frame to the rear elevation and PVC door to the side. The well equipped fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. Integrated appliances comprise a stainless steel electric oven with a four ring hob and chimney style fan assisted illuminated cooker hood over.
With plumbing for washing machine, built in cupboard, tiling and uPVC double glazed window to the side elevation.
With uPVC double glazed window to side elevation. Fitted with a three piece suite in white comprising a panelled bath with shower unit over and shower rail, low level wc, pedestal wash hand basin, tiling to walls, extractor fan and central heating radiator.
Leading to -
With uPVC double glazed window to the front elevation and central heating radiator.
With uPVC double glazed window to the rear elevation, built in cupboard with loft access, hanging rail and central heating radiator.
With uPVC double glazed window to the rear elevation and central heating radiator.
To the rear there is a yard with a garden which is mainly lawned with pathway, timber panelled fencing and brick built wall.
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.
