Terraced House
Enjoying a village location, conveniently positioned for the A38 and M1 Motorway, is this two double bedroom palisaded mid terrace property with a spacious attic(occasional guest bedroom) offers neutral decor and well equipped living accommodation. Internally, the mostly Upvc double glazed and gas central heated living accommodation consists of lounge, dining kitchen room, rear lobby and bathroom. To the first floor, landing there are two double bedrooms and stair case to the attic room (used as an occasional bedroom) with roof light. The property also benefits from a private enclosed rear garden.
The property requires some improvement and upgrading and when renovated, we would estimate a rental income of £650 per calendar month (£7,800 per annum), this would represent a 10% return based on the current guide price, excellent potential high yield residential investment opportunity. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
12ft x 10ft10 into chimney recess
12ft4 x 10ft10
6ft2 x 3ft1
8ft5 x 5ft5
12ft 7 x 11ft into chimney recess
10ft9 x 12ft4 into chimney recess
16ft3 restricted height x 9ft7
Forecourt to the front and enclosed garden to the rear.
Freehold. Vacant possession upon completion.
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 (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
Guide Price & Reserve Price
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.
