3 bedroom Terraced House in Burton on Trent

43 Woods Lane, Stapenhill, Burton on Trent, DE15 9EF
  • Lot No: 67
  • Property Type: Terraced House
  • Contract Type: Unconditional with Reservation fee
Nicholas Humphreys

Guide Price* £75,000+ plus fees

Property Description

DRAFT DETAILS A spacious Victorian, three bedroom, terraced property situated in a popular and convenient location. Well placed for shops, schools and transport links. A great potential investment opportunity, with the property previously let out on an assured shorthold tenancy at £498 pcm/ £5,976 per annum and therefore giving a return of 8% at the current guide price. Benefits include gas central heating and UPVC double glazing and it also has driveway/parking to the front. The layout also offers scope for use as a 4 bedroom HMO property, subject to any required consents, which would considerably increase the rental value to around £14,000 per annum. The accommodation comprises in more details:

Reception Hallway

With stairs to first floor and doors to lounge and dining room.


Lounge 4.20m x 3.30m

With radiator, fireplace and window to front aspect


Dining Room

Under stairs storage cupboard, radiator and window to rear elevation.


Kitchen 3.00m x 2.50m

With fitted kitchen with a variety of drawer, wall and base units. pace provided for appliances. Window to side aspect and door leading to rear lobby.


Rear Lobby

With door to garden and further door to bathroom.


Bedroom One 4.00m x 3.75m

Radiator and window to front elevation


Bedroom Two 4.00m x 2.30m

Radiator and window to rear elevation.


Outside

Gated driveway to front. A pleasant rear garden with lawn and enclosed by wood panelled fencing.


Tenure

Freehold


Conditions of Sale The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.   The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.   A 5% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.   *Guide Prices and Reserve Prices Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.   Energy Performance Certificates EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.    Unconditional Auction Method (with reservation fee) Contracts are exchanged on the fall of the hammer and a 5% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.   Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.   Auction Fees The sale of this lot is subject to a reservation fee of 4.8% including VAT or 4.2% including VAT for London (subject to a minimum of £6,000 including VAT). This does not contribute towards the purchase price and is payable on the fall of the hammer.     The Reservation fee represents a different set of charges to the regular auction lots. A reservation fee is payable by the buyer where a seller has opted to sell with no fees. However, as a result, a lower reserve price is usually agreed. The reservation fee does not contribute toward the purchase price.   The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.   The buyers administration fee does not apply to this property.