A rare and exciting opportunity to acquire a row of three bedroomed, three storey terrace properties, currently part let part vacant and being offered for sale at a very attractive guide price. Number 8 has recently become vacant and requires some improvements.
A rare and exciting opportunity to acquire a row of three bedroomed, three storey terrace properties, currently part let part vacant and being offered for sale at a very attractive guide price. Number 8 has recently become vacant and requires some improvements. Number 10 is let at £450pcm and number 12 at £575pcm, both on rolling agreements and offering scope for significant rental increase. Currently the combined rental income is producing £12,300 pa and in our opinion could potentially achieve in the region of £28,000 to £30,000pa when fully let and with the necessary improvements being made.
10 & 12 ACCOMADATION: The auctioneers have not inspected number 10 and 12 and the accommodation of number 8 in brief comprises: - lounge, separate dining room, fitted kitchen. To the first floor landing there are two bedrooms and fitted bathroom. To the second floor there is an attic/bedroom with dormer window.
Outside we understand there are no boundaries to the properties with gardens and a single garage associated with number 8.
The properties enjoying a strong letting location within close proximity to Kings Mill Hospital and near by amenities. The M1 Motorway is within a short commute.
NUMBER 8 ACCOMADATION COMPRISES:
Lounge: 3.65m x 3.38m (11'11" x 11'1"), Part glazed timber door, UPVc double glazed window, radiator.
Inner Hall: With stairs rising to the first floor.
Dining Room: 3.73m x 3.29m (12'2" x 10'9"), UPVc double glazed window, radiator and understairs area with a stone thrawl.
Kitchen: 3.64m x 1.87m (11'11" x 6'1"), Single drainer stainless steel sink unit with hot and cold taps, a range of wall and base units, electric cooker point, UPVc double glazed window and radiator.
On The First Floor: Landing with radiator and dog leg staircase rises to the second floor.
Front Bedroom 1: 3.72m x 3.36m (12'2" x 11'), UPVc double glazed window and radiator.
Rear Bedroom 3: 2.48m x 2.23m (8'1" x 7'3"), UPVc double glazed window and radiator.
Bathroom:
On The Second Floor:
Bedroom 2: 4.43m max x 3.37m (14'6" x 11'), UPVc double glazed window, radiator and cupboard houses the wall mounted Ariston combination boiler.
Externally To The Front: There is a shared access to the side of property leading to the rear of the property. Please note there are no boundaries in place and there is a single garage to the rear.
Viewing: By appointment through Savidge & Brown on 01773 831111 pressing option 2 for residential sales.
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.
A rare and exciting opportunity to acquire a row of three bedroomed, three storey terrace properties
Currently part let part vacant and being offered for sale at a very attractive guide price
Number 8 has recently become vacant and requires some improvements
Number 10 is let at £450pcm and number 12 at £575pcm, both on rolling agreements and offering scope for significant rental increase
Combined rental income producing £12,300 pa and in our opinion could potentially achieve in the region of £28,000 to £30,000pa when let & upgraded
Garden & Parking to rear no boundary separation & single garages
GUIDE PRICE £195,000 PLUS FOR THREE TERRACED PRIOPERTIES IN THE SAME ROW
