Cottage
An investment opportunity comprising of a one bedroom terraced cottage which is offered let on an assured shorthold tenancy at £550 per calendar month on a six month assured shorthold tenancty starting 1st August 2022.
A quaint, listed cottage set within the heart of Castle Donington. The property has been a buy to let for many years and lets extremely well due to the proximity of East Midlands Airport.
General good order throughout and with the added advantage of a parking space to the rear.
The vendor has advised that the property has connection to all services and there is a metered gas supply but no gas appliances in the property. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
A perfect buy to let which would enhance any letting portfolio.
With built in storage, window to front aspect and stairs off.
With a range of kitchen units, sink, built in over, hob and extractor. Space for table and chairs and under stairs pantry.
With window to rear and doors to bedroom one and bathroom.
WIth airing cupboard with hot water cylinder and window to front aspect.
With 4 piece suite comprising low flush w.c. wash hand basin, panel bath and separate shower cubicle.
Parking space to the rear of the property.
Freehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Timed Auction 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.
