Terraced House
A freehold mid-terraced residential dwelling located within walking distance of Newcastle under Lyme town centre giving easy access to amenities and public transport.
The property comprises a brick built, two-storey mid-terraced residential dwelling with first floor bathroom and two large bedrooms.
The property is within walking distance to Newcastle Under Lyme town centre and has been previously let to students giving an attractive yield.
The property is being sold with the benefit of a tenant producing £4,740 per annum. Interested parties are advised to inspect the legal pack for more information prior to placing their bid, as this will be binding.
Approximate dimensions
Ground Floor -
Lounge: 3.96m x 3.45m
Kitchen/Diner: 3.96 m x 3.33m
Utility Room
WC
First Floor -
Landing
Bedroom One: 3.92m x 3.43m
Bedroom Two: 3.34m by 2.69m
Bathroom
Outside -
Garden to rear
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.
Mains gas, electricity, water and drainage are believed to be connected. Prospective buyers are advised to make any necessary independent enquiries in this respect before placing their bid, as this will be binding.
Solid brick, as built.
Rivers and Seas - Medium. Surface Water - Very Low.
Standard 16 mbps and Superfast 54 mbps are available in this location
EE, O2, Vodaphone and Three are available in this location.
Sky, Virgin and BT are available in this location.
Freehold. Subject to tenancy.
- Heating Supply: Gas Central
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 (subject to a minimum of £6,000 inc. VAT).
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.
