Terraced House
An excellent buy to let freehold residential investment opportunity to acquire a spacious and well maintained three bedroomed mid terrace property. Currently let on assured shorthold tenancy agreement producing £5,200 per annum, this representing an impressive 10% return based on the attractively set guide price.
Internally the well proportioned living accommodation has the benefit of being double glazed with solar panels including a ground floor heat source pump system. A recommended internal inspection will reveal: entrance porch, spacious kitchen diner with built-in-appliances, useful understairs storage cupboard, enclosed staircase to first floor and a full width rear lounge through diner with access onto the garden. To the first floor passaged landing there are three bedrooms and family bathroom with three piece suite in white with show over.
Outside the property has low maintenance gardens to the front and rear elevations with scope for off-road parking subject to planning and building regulations.
The property occupies an established residential location, always a popular choice with landlords and investors and is also conveniently positioned for the M1 Motorway.
5ft 9 x 2ft 8
13ft into chimney recess x 12ft 4
16ft 7 into chimney recess x 10ft 5
12ft 5 x 10ft into chimney recess. Irregular shaped room
10ft 4 x 9ft 6
10ft 4 x 6ft 10
9ft 5 reducing to 5ft 8 x 5ft 8
O2, EE, Three and Vodafone are available in this location.
BT, Sky and Virgin are available in this location.
Standard - 17 mbps. Superfast - 42 mbps. Ultrafast - 1000 mbps
Cavity wall, with internal insulation. Information taken from EPC
These sales details are awaiting vendor approval.
Freehold. Subject to tenancy.
- Heating Supply: Solar, Double Glazing, Ground Source Heat Pump
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Off Street, Communal
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and 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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 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.
