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51 Princess Street, Burton-On-Trent, Staffordshire DE14 2NP

Lot no: 48 Sold at Auction for £75,000
 

Guide Price £68,000+ 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 29th February 2024

10.00am
Key Features
  • Two bedroom terraced house
  • Gas central heating and UPVC double glazing
  • Ideal potential buy to let
  • Requires some modernisation
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Sold at Auction for £75,000

Terraced House

Property Description:

A traditional two bedroom terraced property situated in a convenient and popular location within Burton.

Having a good range of amenities close by and giving easy access to the Town Centre, Railway Station and Burton Hospital.

The property would benefit from some upgrading but already benefits from UPVC double glazing, gas central heating and modern style consumer unit.

An ideal potential buy to let investment with estimated rental value of £675 per calendar month/ £8,100 per annum. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Lounge 4.13m x 3.35m

With radiator, built in meter cupboard and window to front aspect.

Kitchen 3.30m x 3.16m

With modern base and wall units, built in oven, hob and extractor. Sink inset into work surfaces, space for appliances and window to rear aspect.

Rear Lobby

With door to garden.

Bathroom

Having low flush w.c. wash hnad basin and panel bath with shower attachment. Wall mounted boiler and window to side aspect.

Landing

With doors to both bedrooms.

Bedroom One 3.33m x 3.23m

With radiator and window to front aspect.

Bedroom Two 3.14m x 2.40m

With radiator, airing cupboard and window to rear.

Outside

Garden to rear with paved seating area.

Construction material:

Cavity wall/standard brick.

Parking arrangements:

On Street Parking.

Water supply:

Mains.

Electricity supply:

Mains.

Sewerage arrangements:

Mains.

Heating supply:

Gas Central Heating.

Broadband:

8 mbps.

Mobile phone coverage:

O2, EE , Three, Vodafone

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

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. 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.