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259 Barks Drive, Stoke-On-Trent ST6 8EX

Lot no: 98 Withdrawn
 

Guide Price £99,000+ plus fees

Unconditional with Fixed 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.

Wednesday 31st January 2024

10.00am
Key Features
  • Three bedroomed property
  • Substantial plot
  • Let and producing £7,800 per annum – increasing to £8,400 per annum in January 2024
  • Close to local amenities
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Terraced House

Property Description:

A three-bedroom property in Norton, Stoke-on-Trent currently let producing £7,800 per annum – increasing to £8,400 per annum in 2024

A three-bedroom property, occupying a substantial plot with both front and rear gardens in Norton, Stoke on Trent. The property has been fully renovated and redecorated, now benefitting from a new central heating system, new kitchen and a new bathroom. All necessary amenities can be found nearby including shops, schools and transport links. The local post office and pharmacy are both nearby and there are an abundance of outdoor spaces in the area including Whitfield Valley Nature Reserve. The property is currently let producing £7,800 per annum which is due to be increased in January 2024 to £8,400 per annum.

Ground Floor: Porch, Through Reception Room, Dining Kitchen, Utility Room, WC.
First Floor: Three Bedrooms, Bathroom/WC.

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 Fixed Fee.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

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.