House For Sale £35,000
For sale by auction on Thursday, 08 Sep 2022 at 12:30
Venue: Live Stream
for sale via live stream auction on the 8th September - please note you will need to pre-register in order to bid by 17.00 the previous day.
If you are wanting to watch the live stream auction but do not wish to bid, this can be done by clicking on the Green Banner which will be displayed on our website prior to the auction.
If you have not registered to bid and are wanting to register, click on the 'Register to Bid' button on our website and follow the instructions on the screen. Please note that you will need to be registered for the auction by 17.00 the previous day.
If you have registered to bid, click on the Green Banner, and press the ‘Sign in to bid’ button – this will then ask you to login with your Auction Passport account. Once you have logged in, you will then be able to watch the live stream auction and bid on the entries you have registered for.
If you have any queries, please do not hesitate to contact us.
An excellent opportunity to purchase a vacant investment property, offering scope for a property developer.
The property is currently arranged as four rental units. 11 has been let at £100 per week (£5200 per annum). 11A has been let at £55 per week (£2860 per annum). 11B has been let at £65 per week (£3380 per annum). 11C has been let at £70 per week (£3640 per annum). It has thus been previously let at a gross rental of £15,080 per annum.
Ground Floor
11 – An open plan area being 9.0m x 4.0m (narrowing to 3.8m), having separate WC and kitchen area off. This particular part of the property benefits from an aluminum door, together with uPVC double glazed windows. 11A, 11B, and 11C are accessed off a communal staircase. 11A – Lounge, 4.2m x 2.4m. Bedroom, 1.7m x 4.2m. Kitchen, 1.6m x 1.3m, having sink and space for cooker. Shower Room, 1.9m x 1.8m, having vanity sink, shower, and WC.
First Floor
A flight of stairs leads to the first floor. 11B – Open Plan Kitchen/Lounge, 6.7m x 2.3m. Bedroom, 1.8m x 3.5m, having useful cupboard space. En-Suite Shower Room, 2.0m x 1.8m, having shower, WC and wash hand basin. 11C – Lounge, 5.0m (narrowing to 3.8m) x 4.0m (narrowing to 5.3m). Kitchen, 2.4m x 1.6m, having sink. Bedroom, 3.6m x 3.0m. En-Suite Shower Room, 1.8m x 2.0m, having shower, WC and wash hand basin.
Outside
Sees potential vehicular hard-standing area being 10.0m x 11.0m. There is a further single garage which has not been inspected by ourselves which offers further rental potential.
Council Tax Band
A
Next Open Viewing
12th August - 15.30 - 16.00
EPC Rating: Tba
Viewings
12 Aug 2022 15:30-16:00
Additional Fees
Buyers Premium: 1.5% of the purchase price plus VAT (subject to a minimum fee of £1495 plus VAT), payable on completion.
Administration Charge - £1800 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Live Stream
for sale via live stream auction on the 8th September - please note you will need to pre-register in order to bid by 17.00 the previous day.
If you are wanting to watch the live stream auction but do not wish to bid, this can be done by clicking on the Green Banner which will be displayed on our website prior to the auction.
If you have not registered to bid and are wanting to register, click on the 'Register to Bid' button on our website and follow the instructions on the screen. Please note that you will need to be registered for the auction by 17.00 the previous day.
If you have registered to bid, click on the Green Banner, and press the ‘Sign in to bid’ button – this will then ask you to login with your Auction Passport account. Once you have logged in, you will then be able to watch the live stream auction and bid on the entries you have registered for.
If you have any queries, please do not hesitate to contact us.
An excellent opportunity to purchase a vacant investment property, offering scope for a property developer.
The property is currently arranged as four rental units. 11 has been let at £100 per week (£5200 per annum). 11A has been let at £55 per week (£2860 per annum). 11B has been let at £65 per week (£3380 per annum). 11C has been let at £70 per week (£3640 per annum). It has thus been previously let at a gross rental of £15,080 per annum.
Ground Floor
11 – An open plan area being 9.0m x 4.0m (narrowing to 3.8m), having separate WC and kitchen area off. This particular part of the property benefits from an aluminum door, together with uPVC double glazed windows. 11A, 11B, and 11C are accessed off a communal staircase. 11A – Lounge, 4.2m x 2.4m. Bedroom, 1.7m x 4.2m. Kitchen, 1.6m x 1.3m, having sink and space for cooker. Shower Room, 1.9m x 1.8m, having vanity sink, shower, and WC.
First Floor
A flight of stairs leads to the first floor. 11B – Open Plan Kitchen/Lounge, 6.7m x 2.3m. Bedroom, 1.8m x 3.5m, having useful cupboard space. En-Suite Shower Room, 2.0m x 1.8m, having shower, WC and wash hand basin. 11C – Lounge, 5.0m (narrowing to 3.8m) x 4.0m (narrowing to 5.3m). Kitchen, 2.4m x 1.6m, having sink. Bedroom, 3.6m x 3.0m. En-Suite Shower Room, 1.8m x 2.0m, having shower, WC and wash hand basin.
Outside
Sees potential vehicular hard-standing area being 10.0m x 11.0m. There is a further single garage which has not been inspected by ourselves which offers further rental potential.
Council Tax Band
A
Next Open Viewing
12th August - 15.30 - 16.00
EPC Rating: Tba
Viewings
12 Aug 2022 15:30-16:00
Additional Fees
Buyers Premium: 1.5% of the purchase price plus VAT (subject to a minimum fee of £1495 plus VAT), payable on completion.
Administration Charge - £1800 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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