Description

FOR SALE BY WAY OF ONLINE AUCTION - ON 27TH FEBRUARY 2025, OPTION 1 - Terms and Conditions apply. See Agents Property Auctions Website for full details. An investment opportunity to purchase this 5/6 bedroom mid terrace house which we are advised is currently let to the "Mears" Group generating an income of approx £1,244pcm (awaiting sight of tenancy agreement) with the lease ending December 2025 and the Mears Group indicating they would like to review. This is an income of £14,928, with a guide of £99,950 and a potential return of 14.9%. The property itself has the accommodation spread over three floors and benefits from gas central heating, double glazed windows, a shower room and bathroom/wc with a yard to the rear. Property briefly comprises entrance lobby, entrance hall, living room, dining room/bedroom, kitchen, utility area and shower room to the ground floor. To the first floor there are three bedrooms. To the second floor there is a bathroom and a further two bedrooms. Externally there is a yard to the rear. ENTRANCE LOBBY Part glazed upvc entrance door. ENTRANCE HALL Coving to ceiling, radiator, stairs leading to first floor and built in understairs cupboard. LIVING ROOM Double glazed window to front elevation, coving to ceiling and radiator. DINING ROOM / BEDROOM SIX Double glazed window to rear elevation, radiator, coving to ceiling and ceiling rose. KITCHEN Range of wall and floor units with laminate worktop surfaces, built in electric oven and hob with extractor hood, sink unit and drainer, radiator, double glazed windows and tiled splashback. UTILITY AREA Plumbing for washing machine, double glazed window, cupboard housing central heating boiler, part glazed upvc door to rear. FIRST FLOOR HALF LANDING SHOWER ROOM Low level wc, pedestal wash hand basin , shower cubicle, two double glazed windows to rear elevation, heated towel rail. FIRST FLOOR LANDING BEDROOM ONE Double glazed window to rear elevation, coving to ceiling, radiator, built in wardrobe and feature fire surround. BEDROOM TWO Double glazed bay window to front elevation, radiator, coving to ceiling and built in wardrobe. BEDROOM THREE Double glazed window to front elevation, radiator and ceiling to ceiling. SECOND HALF LANDING BATHROOM Three piece suite comprising low level wc, pedestal wash hand basin, bath with shower over, double glazed window to rear elevation and heated towel rail. SECOND FLOOR BEDROOM FOUR Double glazed dormer window to rear elevation, feature fire surround and radiator. BEDROOM FIVE Double glazed dormer window to front elevation and radiator. EXTERIOR Yard to rear. Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000.00+VAT (total £2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. Tel: Tenure We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time. Broadband &amp; Mobile Coverage The Ofcom website states the average broadband download speed of 8 Mbps and a maximum download speed of 1000 Mbps at this postcode: SR2 7NQ and mobile coverage is provided by Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed. Council Tax The GOV.UK website states the property is Council Tax Band: B The Agent Of The North Andrew Craig is <em>The</em> Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on Money Laundering Regulations Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed. Material Information The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable. EPC Rating: E