Terraced House
A traditional terraced house offered with vacant possession.
The auctioneers have not inspected the property internally but believe it to comprise lounge, kitchen, two bedrooms, bathroom and rear yard/garden. The property benefits from gas central heating and double glazing.
The property fronts Sixth Street within a residential area, close to shops and amenities. Local green spaces include Horden Park and transport links are provided by way of a local bus service and Horden rail station.
An ideal buy to let investment with an estimated rental value of £450 per calendar month/ £5,400 per annum, based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Lounge and kitchen
Two double bedrooms and bathroom
Rear yard
Vendor has provided internal photos and the Auctioneers have not personally inspected the property.
Cavity wall, filled cavity
Double Glazing and Gas Central Heating
Mains
Mains
Mains
Standard - 12 mbps, Superfast - 77 mbps and Ultrafast - 9000 mbps available.
O2, EE, Three and Vodafone available.
These sales details are awaiting vendor approval.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Timed Auction 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.
