Flat
The building comprises a Victorian terraced property that has been converted into two individual residential dwellings in the 1960s and consisting of a ground floor one bed apartment and a two bed apartment over two storeys.
The accommodation is accessed along Birches Head Road with separate entrances for each apartment.
The local area of Birches Head is in high demand due to its proximity to all local amenities, shops and Hanley centre. Central Forest Park is just a few steps away and there are schools and transport links close by.
Comprises (662 sq.ft NIA) -
Comprising (428 sq.ft NIA). External courtyard accessed from Birches Head Road leading to uPVC Entrance and accommodation over the ground floor only.
Both apartments have C rating EPC’s and separate meters. Upon inspection we noted both had been refurbished to a good standard including new flooring, boilers (not tested) and kitchens. We feel that the units could be let for circa £450 per calendar month for the 1 bed and £525 per calendar month for the 2 bed.
These sales details are awaiting vendor approval.
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 Variable 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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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.
