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11 Main Street, Stapenhill, Burton-on-Trent, Staffordshire DE15 9AP

Lot no: 136 Sold at Auction for £97,500
 

Guide Price £69,000+ 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, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 27th June 2024

9.00am
Key Features
  • Two double bedrooms
  • Walking distance to town centre
  • Four piece family bathroom
  • Large front lounge, dining room and kitchen/diner
  • Private rear garden
  • Double glazed and gas centrally heated
  • 13.9% yield return against guide price
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Sold at Auction for £97,500

Terraced House

Property Description:

A fantastic bay fronted, two double bedroom house within walking distance to the town centre. Including plenty of scope to upgrade and improve this is priced very attractively.

The property comprises of an inviting entrance hallway, open plan lounge. diner and large kitchen/diner to the rear. The upstairs comprises of a four piece family bathroom and two double bedrooms!

With an anticipated rent of £800 pcm (£9,600pa) this represents a 13.9% return against guide price.

Further benefiting from being very close to the town centre, neutral decor throughout, double glazed and gas centrally heated.

Additional Information
Water: Mains
Electric: Mains
Sewerage: Mains
Heating: Mains gas
Building construction: Brick
Flood Risk: Low
Broadband availability: Standard and Superfast
Mobile Signal availability: O2, EE, Three and Vodafone
Satellite and Cable TV Availability: BT and Sky

Entrance hallway
Lounge - 3.4m x 4.9m
Dining room - 3.4m x 4.3m
Kitchen/diner - 3.8m x 4.1m
Master bedroom - 4.6m x 4.1m
Second bedroom - 4.1m x 2.9m
Family bathroom - 2.5m x 3.7m
Private rear garden
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.