2 bedroom end of terrace house for sale

Property Description:

An impressive investment property generating a handsome income of £20,400 per year, representing a yield of 16% against the guide price.

A two bedroom end terraced house. The accommodation briefly comprises; Entrance hall, large lounge, dining room, kitchen and ground floor WC. Two bedrooms and bathroom/WC to the first floor.

Outside there are gardens to the front, side and rear, along with a garage and driveway.

Conveniently located close to many local amenities including: Stechford train station, Heartlands hospital, school, shops, leisure centre and retail park.

Entrance Hall

Lounge

Dining Room

Kitchen

Downstairs W/C

Bedroom One

Bedroom Two

Family Bathroom

Additional Information:

Construction Material: Standard brick. Heating: Boiler and radiators, mains gas. Coverage: Broadband - Standard and Ultrafast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as available. Satellite and Cable - BT, Sky and Virgin show as available in this area.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.

Utilities Information

Heating Supply: Gas Central

Electric Supply: Mains Supply

Water Supply: Mains Supply

Sewerage Arrangements: Mains Supply

Parking Arrangements

Driveway, Garage

Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an 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 fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.