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28 Byron Avenue, Mansfield Woodhouse, Mansfield, NG19 9JP

Lot no: 7 Postponed
 

Guide Price £77,500+ 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 27th May 2021

10.00am
Key Features
  • Three bedroomed freehold property
  • Popular residential location
  • Potential for multi-vehicle off road parking (stpc)
  • Ideal investment opportunity
  • EPC Rating: D
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Postponed

Semi-detached house

Property Description:

A freehold three bedroomed house in a popular residential location, within close proximity to the local high street offering an array of amenities as well as primary and secondary schools.

The property would make an ideal buy to let investment with comparable properties in the area generating an income in excess £675 pcm, which would represent a generous 10% yield at the current guide price.

The property also offers a great opportunity to add considerable long term value. The plot is extremely generous and has the potential to create off road parking for several cars (subject to consents) and there is a mature rear garden.

The house itself has a useful front and side entrance, a good sized lounge leading to a spacious conservatory, and a kitchen/diner offering a great family living space. Upstairs there are three good sized bedrooms and a bathroom.

A great family home or buy to let opportunity for any investor.

Accommodation:
Ground Floor:
Entrance Hall
Kitchen
Living Room
Conservatory
First Floor:
Landing
Three Bedrooms
Bathroom
Outside:

Front and rear gardens.

Occupancy:

Vacant

Tenure:

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.

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