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Semi-detached house
A potential investment representing great value for money in a quaint village. A rental income of £700 - £750 per calendar month is achievable giving a fantastic yield of 10% against the guide price, based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Upon entering the property there is a bright and spacious living room which has window shutters and a log burner. There is also a galley kitchen with a good amount of cupboard space and room for under counter appliances. Upstairs there is a long and bright landing giving access to a great sized double bedroom which has a beautiful bay window and dual aspect windows which flood the room with natural light. There is also a single room and family bathroom which includes a bath with an overhead shower, WC and washbasin. Upstairs also benefits from a storage cupboard on the landing.
Outside of the property there is off road parking for two vehicles and a well maintained communal garden area.
Church Broughton is a highly regarded village situated conveniently from endless outdoor recreational pursuits with footpaths and bridleways leading out into the countryside. The village includes a local primary school, pub and very good access for commuting via the A50 to the motorway network.
Located in a beautiful village with bags of character and so much potential, The Etchells would make a great cosy home, with the benefit of no upward chain.
Church Broughton is a lovely quaint village in South Derbyshire which is surrounded by farmland. There is a popular pub called The Hollybush in the village. The neighbouring villages of Hatton and Hilton have all the amenities including shops, hairdressers, a choice of pubs and major road links including the A38 and A50. Church Broughton also has a Golf and Tennis Club for local leisure activities. There is also Church Broughton C of E Primary School located in the village.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Please note: There are 66 years left on the lease. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
£25
66
£1,979
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. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers 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 Buyers 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 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.
