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

Auction Event
 

Guide Price £65,000+ 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 25th July 2024

9.00am
Key Features
  • Council Tax Band: A
  • Two bedroom terraced house
  • Let at £525 per calendar month
  • Ideal investment opportunity
  • Gas central heating and UPVC double glazing
  • EPC Rating: D
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Terraced House

Property Description:

A two bedroom mid terraced house situated in a popular and convenient location. Well placed for a good range of local amenities as well as Burton town centre, the Hospital and Train Station.

The property benefits from gas central heating and UPVC double glazing.

Offered let on an assured shorthold tenancy agreement at £525 per calendar month/£6,300 per annum.

A great investment with income from day one and a potential yield return close to 10% (based on guide price).

Lounge - 3.58m x 3.45m (11ft9 x 11ft4)

With radiator and window to front.

Kitchen - 3.58m x 2.49m (11ft9 x 8ft2) -

With base and wall units, sink, worktops, built in oven, hob and extractor. Window to rear aspect.

Rear Lobby -

With door to garden.

Bathroom -

With white suite comprising low flush WC, wash hand basin and shower area and electric shower. Radiator and window to side.

Landing

With doors to both bedrooms and toilet.

Bedroom One - 3.58m x 3.48m (11ft9 x 11ft5)

With radiator and window to front.

Bedroom Two - 2.51m x 2.36m (8ft3 x 7ft9)

With radiator and window to rear aspect.

Toilet/WC -

Having low flush WC wash hand basin and window to rear.

Outside -

Rear garden being mainly low maintenance and enclosed with wood panelled fencing.

Parking Arrangements:

On Street

Construction Material:

Standard brick (assumed)

Heating Supply:

Double Glazing and Gas Central Heating

Electricity Supply:

Mains

Water Supply:

Mains

Sewerage Arrangements:

Mains

Broadband:

Standard - 6 mbps, Superfast - 80 mbps and Ultrafast - 1000 mbps available.

Mobile Phone Coverage:

O2, EE, Three, Vodafone available.

Flood Risk:

Rivers and Seas - Low and Surface Water - Medium.

Note

Please be advised that, whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

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. 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.