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217 Mottram Road, Hyde SK14 2PE

Lot no: 74 Postponed
 

Guide Price £100,000+ plus fees

Unconditional with Variable 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 25th May 2023

10.00am
Key Features
  • Two bedrooms
  • Ideal investment opportunity
  • Driveway
  • EPC Rating: E
  • Council Tax Band: A
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Postponed

Terraced House

Property Description:

Two bedroom terrace property currently let on an AST at £450 per calendar month.

Internally, the property is arranged over two floors and offers spacious accommodation throughout and benefits from gas central heating and double glazing. Locally the property is situated within a predominantly residential area benefitting from various shopping amenities within close proximity. Transport links include Newton for Hyde rail station, a local bus network and M67 Motorway links. The tenant has been in occupation for approximately eight years and it is understood that there is now scope for a rental increase subject to the tenancy.

Ground Floor:

Lounge and Kitchen Diner

First Floor:

Two bedrooms and bathroom

Outside:

Small yard to front, rear yard and driveway

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.




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.