This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).
Bidding opens on Friday 4th February at 12:00 and closes on Thursday 10th February at 12:00 with a GUIDE PRICE of £55,000
This is a cash-purchase investment opportunity to be sold with tenants in-situ. Current rental yield of 9.8% per annum based on the guide price. 6 month AST began in September 2020, and now rolling as a monthly periodic agreement.
Offering a surprising amount of internal space and wonderful high ceilings this property has excellent potential and could make for a terrific investment or family home. Comprising in brief of a lounge, dining room, fitted kitchen, 2 double bedrooms, and spacious family bathroom. Outside there’s a rear courtyard and a front garden.
The high ceilings help to create a wonderful feeling of space in this room which features: window to the front aspect, feature fireplace opening, a central ceiling-mounted pendant light fitting, carpeted flooring, a radiator, decorative coving, and built-in storage.
This room features: window to rear aspect, fireplace, central ceiling mounted pendant light fitting, carpeted flooring. The kitchen is accessed through a door at the rear of the room and stairway access to the first floor is also from this room.
Fitted kitchen featuring: large window, a range of modern effect floor and wall mounted cupboards, bowl and a half stainless steel sink with drainer and mixer tap, integrated oven, 4 ring gas hob with extractor hood, space for a tall fridge and freezer, space and plumbing for a washing machine, tiled splashbacks, tile effect flooring, boiler, external door.
An extremely spacious family bathroom featuring: white three-piece bathroom suite, a frosted window, one wall tiled floor to ceiling, tiled splashbacks, a built-in storage cupboard, ceiling-mounted lighting, tile effect flooring, radiator.
A second double bedroom featuring: window to rear aspect, central light fitting, feature fireplace, radiator, coving.
Spacious double bedroom with window to front aspect featuring: carpeted flooring, central light fitting, radiator.
A petite front garden is enclosed by a dwarf wall providing private separation between the house and the public pavement in front.
Rear courtyard with brick-built storage and washing line.
Lounge = 3.58 x 3.49 (11'9 x 11'5)
Dining room = 4.69 x 3.58 (15'5 x 11'9)
Kitchen = 3.79 x 1.90 (12'5 x 6'3)
Bedroom 1 = 3.70 x 2.40 (12'2 x 7'10)
Bedroom 2 = 3.58 x 3.49 (11'9 x 11'5)
Bathroom = TBC
Our enquiry line is open 24/7 and we're happy to answer any questions.
Auction terms + conditions, AML requirements and fees are available on our website [Google: Property Solvers > Property Auctions (in navigation) > Auction Property for Sale (drop-down)].
The legal pack will be uploaded in good time prior to the auction bidding process. Proof of rental receipts can be viewed in the legal pack.
Property Solvers Online Auctions will be running open mornings/afternoons and independent viewings (where required).
All viewers must observe our COVID-19 Viewing Policy (available on the listing).
Notice to Bidders
Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements please see the legal pack documents.
Buyer Reservation Fee
A 2% + VAT (non-refundable) fee + £125 + VAT processing fee will be due from the winning bidder.