Terraced House
A well-positioned, two bedroomed terraced property in Oldham surrounded by amenities and excellent transport links. The property is located within walking distance from Hollins Road, where you’ll find a variety of shops, eateries and also Hollinwood Medical Practice which is less than five minutes from the property. Oldham town centre is approximately 2 miles away and Manchester city centre around 5.5 miles, both easily accessible via public transport. Transport links nearby include, regular bus services with the nearest being on Hollins Road, good road/motorway links and Oldham Tram/Bus station in the town centre. The property is currently let on an AST producing £5,400 per annum and we understand from the current landlord that the tenant has been in occupation for approximately three years.
The auctioneers have not inspected the property but believe it to comprise -
Lounge, Kitchen Diner.
Two bedrooms and family bathroom.
Rear yard.
The property benefits from gas central heating and double glazing.
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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.
