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31 St. Peters Street, Burton-On-Trent, Staffordshire DE15 9AW

Lot no: 58 Auction Event
 

Guide Price £59,000+ plus fees

UnconditionalOn 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 22nd August 2024

9.00am
Key Features
  • Council Tax Band: A
  • Popular location
  • Ideal investment opportunity
  • Close proximity to amenities
  • EPC Rating: E
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Terraced House

Property Description:

A traditional terraced house situated in a popular and convenient location. Well placed for local amenities and within easy reach of Burton Town centre.

The property has recently been tenanted and is offered let on an assured shorthold tenancy at £525 per calendar month/£6,300 per annum from May 2024.

Comprising of two reception rooms and two double bedrooms along with having gas central heating and UPVC double glazing.

A great investment purchase with a yield of over 10% against the guide price.

Lounge - 3.66m x 3.33m

Double glazed window to front and central heating radiator, door leads off to the rear reception room.

Rear Reception Room - 3.70m x 4.59m

Fireplace with surround, double glazed window to rear, stairs leading up, central heating radiator, door leads off to the kitchen.

Kitchen - 1.51m x 2.58m

With base and wall units, sink, work surfaces, window to side and door to rear.

Bathroom

Having a three piece suite comprising, low level WC, panel bath and wash hand basin. Part tiled walls.

Landing
Bedroom One - 3.65m x 3.37m

Central heating radiator and double glazed window.

Bedroom Two - 3.69m x 3.53m

Double glazed window and central heating radiator.

Outside

Enclosed yard to rear.

Construction Material:

Standard brick

Broadband:

Standard - 16 mbps, Superfast - 80 mbps and Ultrafast - 1000 mbps available

Mobile Phone Coverage:

O2, EE, Three and Vodafone available

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.


Utilities Information
  • Heating Supply: Double Glazing, Gas Central
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

On Street



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

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.