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House For Sale £70,000
Silk Street, Sutton-In-Ashfield


Description
SOLD PRE AUCTION ON THE 13TH APRIL 2023

To be sold by Public Online Auction (unless sold previously by Private Treaty) on Thursday 13th April 2023.
A substantial, three storey, mid terraced property ripe for profitable refinement in a popular location.

Descripition And Situation - An opportunity to purchase a larger than average, three storey, mid terraced house of traditional brick/slate construction found within a popular, established, residential location within easy reach of the town centre with all of its facilities.

The property has, for many years, generated a near continuous rental income and offers excellent potential for the buy to let investor being found within an area where there is high demand for rented accommodation.

The property provides a practical layout with two separate reception rooms and a good sized kitchen complemented by two double bedrooms, a single bedroom and bathroom/WC over two floors.

The property is ripe for some general upgrading to add value. It will be of immediate interest to the buy to let investor as well as the speculator or owner occupier seeking an affordable starter home.

Accommodation - The accommodation with approximate room sizes may be more fully described as follows:

Lounge - 3.7 x 3.66 (12'1" x 12'0") - Wall mounted gas fire, double glazed window and central heating radiator.

Lobby - With door giving access to the cellar.

Auctioneers Note - The steps leading down to the cellar are in need of repair. All those viewing the property should be aware of this risk. Those viewing do so entirely at their own risk without liability to the vendor or auctioneer.

Dining Room - 3.66 x 4.0 (12'0" x 13'1") - Staircase giving access to the first floor accommodation, double glazed window and central heating radiator.

Kitchen - 5.11 x 1.64 (16'9" x 5'4") - Equipped with base and wall mounted storage cupboards including a stainless steel single drainer sink unit. Double glazed window and central heating radiator. Door to rear gardens.

First Floor: -

Landing - Staircase giving access to the second floor accommodation.

Bedroom - 3.71 x 3.66 (12'2" x 12'0") - Double glazed window and central heating radiator.

Bedroom - 1.8 x 4.0 (5'10" x 13'1") - Wall mounted gas boiler, double glazed window and central heating radiator.

Bathroom/Wc - 1.77 x 2.33 (5'9" x 7'7") - Equipped with a bath, wash hand basin, WC, double glazed window and central heating radiator.

Second Floor: -

Landing -

Bedroom - 3.72 x 4.7 (12'2" x 15'5") - Double glazed window and central heating radiator.

Outside - The property is flush fronted to the pavement. There are level gardens at the back of the property.

Tenure - Freehold. Vacant possession on completion.

Services - All mains services are available and connected. Drainage is to the main sewer.

Council Tax Band - A -

Method Of Sale - The property will be sold by Online Auction (unless sold previously by Private Treaty). Full information regarding the Online Auction process is available on our website . In order to bid on this Lot interested parties must follow the registration procedures.

Interested parties should note that our On Line Auctions are Traditional Auctions (not to be confused with "Modern Method of Auctioneering"). The fall of the hammer creates a binding contract. There is no reservation fee payable on the part of the buyer.

Guide Price - An indication of the sellers current minimum acceptable price at auction. The guide price or a range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual but not always the case that a provisional reserve range is agreed between the seller and auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time upto the day of auction in the light of interest shown during the marketing period, a guide price is issued. The guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall or as a single figure. The reserve price would not normally be higher than the guide price. A guide price is different to a reserve (see below). Both the guide price and reserve price can be subject to change upto and including the day of the auction.

Reserve Price - This is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Viewing - Arranged with pleasure by the Sole Auctioneers.


Follow the link for more information:
        
onthemarket.com

  
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