Detached house
This converted detached property presents an excellent investment opportunity, currently divided into two three-bedroom apartments. It is being sold with vacant possession, and the estimated rental income is £625.00 per month for each flat, resulting in an impressive yield of 12% based on the current guide price.
The property features Apartment 84, located on the first floor, which includes an entrance hallway leading to a kitchen/diner, a lounge, a bathroom with a separate WC, two double bedrooms, and one single bedroom.
Apartment 86 occupies the ground floor and consists of an entrance into the lounge, a kitchen/diner, a family bathroom with a shower over the bath, two double bedrooms, and a single bedroom.
Externally, there is a driveway accommodating two vehicles and a spacious enclosed rear garden.
Conveniently located near the town centre and local amenities, this property is in a highly desirable area.
Construction - Solid brick
Mobile Coverage - O2, EE, Three and Vodafone
Satellite and Cable TV - BT, Sky and Virgin
Broadband - Standard, Superfast and Ultrafast
These sales details are awaiting vendor approval.
Freehold. Vacant possession upon completion.
- Heating Supply: Gas Central, Double Glazing
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Driveway
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.
